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Washington, DC –After President Obama called on Congress to postpone the deep across the board spending cuts set to kick in on March 1 in the so-called sequester, Campaign for America’s Future co-director Robert Borosage said, “The sequester irresponsibly will cost over one million jobs and impede an already faltering recovery. It should be repealed, not postponed. Congress should turn its attention to jobs and growth, not to more austerity.”
“The entire debate is upside down. America has a jobs crisis, not a budget crisis. The deficit is not out of control; it is already down 25 percent in relation to the economy, and falling faster than anytime since the demobilization at the end of World War II. The across the board cuts of the sequester are a ridiculous way to approach a budget. We need to fix the economy, not fix the debt. And you can’t fix the economy by focusing on fixing the debt. It is time to invest in America’s future, not strangle the weak recovery we now have,” said Borosage
The Campaign for America’s Future applaud the Congressional Progressive Caucus for calling for repeal of the sequester. CAF is calling on its supporters to sign a petition  urging its repeal.