Nancy Pelosi Wants to Stop the Sequester
(WASHINGTON) -- House Minority Leader Nancy Pelosi spoke out forcefully on Thursday against deep automatic spending cuts called the sequester that are due to take effect on March 1 unless there is congressional action.
The California Democrat said allowing these cuts to happen is, "frivolous, it's irresponsible, it's immature and it is not in the interest of growing the economy in our country."
Virtually all analysts say the spending reductions affecting the Pentagon and a myriad of domestic programs will slow down economic growth to the point where it might lead to another recession.
Meanwhile, Pelosi also opposes a third year of freezing federal employees’ salaries to help bring down the deficit, asking her fellow lawmakers, "Why should people who work on Capitol Hill pay that price and be treated as members of Congress are? It’s a hard question to ask me because -- most of my colleagues are the breadwinners in their families; a pay cut to me doesn’t mean as much."
Maryland Democratic Congressman Chris Van Hollen is on board with Pelosi, saying federal employees should not "bear the burden” of reducing the nation’s $1 trillion deficit.
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