Sequestration

THE MEYERS GROUP 

Washington, DC

Media Release

FOR IMMEDIATE RELEASE                                          

CONTACT: Kaitlin Bulavinetz

bulavinetzka@gmail.com

July 17, 2013                                                                  

www.gmeyers.com                                                                                              410.802.5030

Statement on DOD Contingency Plan

WASHINGTON, DC- George Meyers, managing partner of  the Meyers Group, released the following statement today after Secretary of Defense Chuck Hagel issued a contingency plan for the $52 billion in cuts to the Department of Defense’s fiscal year 2014 budget in case the sequester-level budgetary caps remain in effect:

“If Congress allows the sequester cuts to remain they will put our nation’s security and economy at risk by damaging the symbiotic relationship between the Department of Defense and private industry.

By allowing the cuts to remain Congress will foster numerous consequences that could be felt immediately.  They will waste billions by abruptly halting the progress of programs the government is already heavily invested in and chilling employee moral through looming threats of furloughs or pay cuts to the more than 6 million civilians and service members who work in the defense sector. 

In addition, cuts to research funding, which represents more than 10 percent of the defense budget, and long term investment projects will harm the country for years to come. Instead of being the leaders in innovation and development the United States will be playing catch-up to countries that made defense spending a priority.

Congress needs to step up to the plate and recognize that defense spending is too crucial to our nation to be used as a carrot in partisan quarrels.”

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