“We have learned that the sequestration already has cut 1.6 million
jobs. So we need job creation. We need to help the middle class by
creating jobs.”
— Senate Majority Leader Harry Reid (D-Nev.), floor speech, July 31, 2013
Reid’s comment jumped out at us — 1.6 million jobs have already been lost because of the sequester? That seemed rather large.
The sequester, of course, is the automatic across-the-board spending cuts that were imposed March 1 when Republicans and Democrats could not reach agreement on a budget plan. The actual impact of the cuts has been in dispute, and we wrote a number of columns about fishy statistics that appeared to exaggerate the possible impact on the federal government. A follow-up review in June by The Washington Post found that claims of a breakdown in government services were, in fact, overblown.
http://www.washingtonpost.com/blogs/fact-checker/post/harry-reids-claim-that-the-sequester-has-already-cut-16-million-jobs/2013/07/31/b40b0cfa-fa28-11e2-a369-d1954abcb7e3_blog.html
— Senate Majority Leader Harry Reid (D-Nev.), floor speech, July 31, 2013
Reid’s comment jumped out at us — 1.6 million jobs have already been lost because of the sequester? That seemed rather large.
The sequester, of course, is the automatic across-the-board spending cuts that were imposed March 1 when Republicans and Democrats could not reach agreement on a budget plan. The actual impact of the cuts has been in dispute, and we wrote a number of columns about fishy statistics that appeared to exaggerate the possible impact on the federal government. A follow-up review in June by The Washington Post found that claims of a breakdown in government services were, in fact, overblown.
http://www.washingtonpost.com/blogs/fact-checker/post/harry-reids-claim-that-the-sequester-has-already-cut-16-million-jobs/2013/07/31/b40b0cfa-fa28-11e2-a369-d1954abcb7e3_blog.html
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