Reps. Moran and Connolly: Sequestration Likely to Happen
Effects on Northern Virginia economy to be widespread; could send United States back into recession.
Sequestration — significant automatic spending cuts to defense and civilian programs over the next decade — will likely start this spring, and it will mean thousands of layoffs, program eliminations and near-certain economic devastation for Northern Virginia, said Virginia Congressmen Jim Moran (D-8th) and Gerry Connolly (D-11th) Saturday at a town hall meeting with constituents. "You need to be aware that this is probably going to happen," said Moran, who spoke at an annual meeting hosted by Mount Vernon District Supervisor Gerry Hyland. "It's a democracy and things will ultimately play themselves out, but things are not going well right now (in Congress)." Connolly said that sequestration could put the economy back into a recession. "…
