(Washington – May 10, 2012) Representative Frank Guinta (R, NH-01) issued the following statement following today’s House passage of H.R. 5652, the Sequester Replacement Reconciliation Act of 2012:
“The House was forced to act today because the Joint Select Committee (the so-called “Super Committee”) failed to produce $1.2 trillion in deficit reduction last year. Without Congressional action, an automatic, across-the-board spending cut known as a sequester will kick-in on January 2, 2013. It will impose a $109 billion, across-the-board, inflexible, and arbitrary cut in spending. Half of that would come from defense.
“That would be catastrophic to our Armed Forces. It would result in the smallest Army since 1940, the smallest Navy since 1916, and the smallest Air Force in our history.
“But it wouldn’t stop there. Defense sequestration would also harm small businesses in New Hampshire, resulting in the loss of lots of good, middle class jobs, and would further threaten our already weak economy.
“We cannot allow that to happen.
“I call on the Senate to join with the House to help us protect jobs, and to partner with us in putting our government’s finances back in order.”