A: We cannot fool around with defaulting. It's part of what's created the uncertainty that we know, at least economically, the threats of shutting down, the threats of default. Business needs certainty in order to invest and it's important that our leaders act responsibly around this issue.
Q. What did you make of the House Republican's last attempt to tie debt ceiling to restoring the sequester cuts to veteran pensions?
A: What I would say is we need to, as much possible, ask our leaders to act without brinksmanship or gamesmanship around these issues.
Q. So you're against the sequester?
A: As people have said repeatedly, sequestration is the absolute wrong way of making the cuts. Nobody in business would cut across the board, they would cut strategically. And we are going to have to make difficult cuts but we are not going to do it effectively when we do it through sequestration.
Although the sunny January days in Georgia melted the effects of our surprise storm, no such relief was forthcoming for the economy. Businesses closed; buildings became vacant; families lost their homes. Congress applied historical amounts of financial salt and sand, known as the stimulus, on the ice laden roads of commerce, but traffic still could not move. Georgia reduced spending and consumed cash reserves.
I will not recount further the disastrous effects of the Great Recession on our citizens, some of which have left permanent scars. Instead, I want to tell you how our state government not only survived, but have reformed our operations in order to better serve our citizens.
|2016 Presidential contenders on Budget & Economy:|
Mayor Rahm Emanuel(IL)
2016 Third Party Candidates:
Mayor Michael Bloomberg(I-NYC)
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