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America Deserves a Better Deficit Reduction Plan

Sequestration will hinder job growth and the economy. Long Island and our nation deserve a more thoughtful and balanced approach to meeting our deficit reduction goals.

Unfortunately, a plan of indiscriminate, across-the-board budget cuts known as "sequestration" went into effect today.

The nonpartisan Congressional Budget Office (CBO) and other independent economic forecasters have said these particular spending reductions will undermine America's economic recovery, and I am disappointed that Congress was unable to compromise on a balanced plan to reduce the deficit without eliminating jobs.

All told, sequestration will result in the elimination of at least 750,000 jobs from the economy in 2013 and slash economic growth in half, according to CBO. George Mason University has estimated that 70,000 jobs would be lost in New York State alone if sequestration proceeds.

And the impact will be felt on Eastern Long Island, from reductions in available slots for Head Start and senior nutrition programs to furloughs and job losses at major employers. The 106th Air Rescue Wing at Gabreski Airforce Base in Westhampton will be affected by a policy of furloughs for civilian Department of Defense employees, with 201 technicians forced to take 22 non-consecutive days of unpaid leave before September 30th. This is effectively a 20% pay cut for workers that will have a ripple effect throughout the local economy.

Stony Brook University, the second-largest employer on Long Island, will be affected by a reduction of nearly $7.25 million in federal research funding from the National Science Foundation, the National Institutes of Health, The Department of Energy and other federal agencies in the period March 1 to Sept. 30, 2013. SBU told me this week that this could result in the elimination of 60 high-quality research and development jobs in the next seven months.

Sequestration will also eliminate $3 billion in critical Superstorm Sandy aid to rebuild communities through FEMA and other federal programs. In short, Long Island and our nation deserve a more thoughtful and balanced approach to meeting our deficit reduction goals.

Sequestration will place an unnecessary drag on our economic recovery, which is exactly the wrong strategy when we should be promoting growth with jobs. I share the disappointment of so many Americans who will be affected but by these cuts that they have not been averted.  However, we will not be discouraged and will continue to work toward a compromise plan that will reduce the deficit with responsible--as opposed to indiscriminate — spending cuts, and increased revenues from closing tax loopholes.

I hope you will contact my office at 631-289-6500 with your views on this important issue.

This post is contributed by a community member. The views expressed in this blog are those of the author and do not necessarily reflect those of Patch Media Corporation. Everyone is welcome to submit a post to Patch. If you'd like to post a blog, go here to get started.

Rick Hoyt March 09, 2013 at 11:04 AM
HHS - "Republicrat" - Meaning The "One Party System" - Oligarchy - "Controlled Opposition" - There aren't Republicans Or Democrats - That's What They Want You To Think".Conquer & Divide, Rah Rah for the Home Team LOL.
Rick Hoyt March 09, 2013 at 11:42 AM
Politicians are puppets,unauditable voting machines, we don't get a choice, it's the Banksters who choose -http://www.economywatch.com/economy-business-and-finance-news/the-worlds-richest-family-you-didnt-know-about.25-05.html
Goin' Commando March 10, 2013 at 03:09 AM
Based upon the dialogue among you, ralebird, and American Patriot, from Sunday through Saturday, we need to ask you: Of just what are you a "doctor"? In one of your March 3rd posts, you referred to yourself as a "physician" ("I went to a meet and greet for Bishop, as a Physician I put a few tough questions to him regarding Obamacare..."), but NY State records do not indicate any physician licensed by the State of NY with your name, or anything even remotely close to your name. You have used terms such as "inveterate liar" and "complete falsehood", but based upon what American Patriot revealed from NY State sources, we have to wonder if those terms actually apply to you, instead.
Conservative Underground March 10, 2013 at 03:44 AM
Spending cuts have nothing to do with the economic realities our country faces. We have seen unprecedented spending by the Federal government on some what dubious things with little to no substantiated returns for the last four years. Our nation now has to borrow $.46 of every dollar it spends placing a further debt burden on every American citizen and for what. Are you comfortable with the idea that every child born today comes into the world owing $200,000 and that debt will just go up? No, the time has come to reign in government, to curb the out of control spending and put an end to the Christmas-is-everyday mentality that now holds sway. Spending trillions of dollars you don't have is not a plan; it is national suicide.
Chuck Howley May 10, 2013 at 03:05 PM
I'm as disappointed as anyone to see that Congress could not come to a compromise on this issue. It is my view that the Republicans are taking a very hard line on this issue. It is issues such as this that cause the public to lose faith in Congress ever getting anything done. However, in times such as these, where unemployment is high, job creation is not happening at the speed necessary to trim the unemployment numbers, nor are the job being created great paying jobs, that Congress should not be cutting back on spending on the social safety programs while Hold to your guns Congressman.

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