By Rep. Eric Cantor
A
new word has entered this year's political debate - "sequester." This
is Washington budget-speak for across-the-board spending cuts.
When
these dangerous cuts go into effect Jan. 2, the U.S. will be heading
toward its smallest military since before World War II, and Virginia
could be left with a hundred thousand fewer jobs.
How
did we get here? Last year, Republicans in Congress made clear that
President Barack Obama's push to increase the nation's already historic
debt could not occur without a commitment to equal reductions in
spending over time.
Rather
than working to responsibly get our fiscal house in order, Obama
demanded that the debt limit be increased by $2.1 trillion so he would
not have to ask Congress to raise it again before the election. He made
clear this was nonnegotiable.
Leading
up to the debt limit deadline, both parties worked together to identify
more than $1 trillion in savings, but we were still short of $2.1
trillion. The bicameral, bipartisan "supercommittee" was created to
identify the remainder of the cuts. To ensure that the supercommittee
did its job, automatic across-the-board cuts would serve as the
backstop.
Since
both sides agreed these cuts were the worst possible outcome, we
assumed everyone would enter into negotiations in good faith. We were
wrong.
Obama
barely participated in the discussions of the supercommittee.
Identifying cuts was made even more difficult by the Senate's failure to
even propose, much less pass, a budget. At a time of over 8 percent
unemployment, congressional Democrats on the committee pushed for a
dollar in tax increases for every dollar in spending cuts. In the end,
Democrats insisted on tax hikes, and so the supercommittee failed.
What does this mean for Virginia and the nation?
America's
unmatched ability to defend freedom around the world will be severely
diminished. Cutting $500 billion from the defense budget will do
incredible damage to our military. It will force hundreds of thousands
of soldiers and Marines out of the service, leaving us with the smallest
ground force since 1940 and sending brave men and women from the front
lines to the unemployment lines.
Sequestration
will also harm the National Guard and Reserve component and leave our
Navy with the smallest fleet in nearly a century.
It
will weaken our ability to prepare for future challenges and invest in
advanced missile defenses designed to meet emerging threats from
countries like Iran and North Korea, while also hampering ongoing
operations in places like Afghanistan, jeopardizing our obligation to
support our troops on the battlefield.
These
cuts will devastate the economy and threaten nearly a million jobs. A
full tenth of the defense budget is spent in Virginia. Federal spending
on defense amounts to nearly $60 billion a year - about 14 percent of
Virginia's economy. Our state is home to major national security
installations that employ tens of thousands of people in Hampton Roads
and elsewhere.
Virginia
is also the epicenter of the defense industry, with corporate
headquarters, manufacturing facilities and a healthy shipbuilding
infrastructure in Newport News and Norfolk. Sequestration will cause
catastrophic damage to these facilities and their hard-working men and
women. The National Association of Manufacturers estimated these defense
cuts will cost Virginia 115,000 jobs.
After
the supercommittee's failure, the House acted. In May, we passed
legislation replacing the first year of mandatory cuts with common sense
reforms to underperforming programs and eliminating programs that have
outlived their mission.
The
president threatened to veto the bill, stating we should adopt the
proposals in his budget - the same budget overwhelmingly defeated in
both the Republican House and the Democratic Senate. He has put forward
no further proposals, and the Democratic majority leader in the Senate
has refused to allow for legislation to replace the sequester to come up
for a vote.
We
are committed to preventing these harmful cuts from doing such damage
to our national security and economy. But we can't do it alone. We need a
willing partner in the White House and the Senate. We stand ready to
work together on behalf of our brave men and women in uniform, the
commonwealth and the country.
Eric Cantor, a Republican from Richmond, serves as House majority leader.
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