Loebsack Statement on Bipartisan Budget Act of 2013 PDF Print E-mail
News Releases - Business, Economy & Finance
Written by Joe Hand   
Friday, 13 December 2013 10:41

Washington, D.C. – Congressman Dave Loebsack released the following statement after the House voted on the Budget Act of 2013.

“The legislation that passed the House today is not perfect and certainly would not have been what I would have written. However, it serves as a compromise to finally break the cycle of lurching from budget crisis to budget crisis. I am pleased that this legislation takes steps to partially stop the irresponsible, across the board cuts, known as sequester that have hurt middle-class families, jobs, research, and economic development in Iowa. Though I do have serious concerns about several provisions, including extending sequestration for Medicare payments and changes to military retirement COLAs, voting against this proposal is ultimately a vote in favor of shutting down the government and allowing our economy to again be subjected to a manufactured crisis. It is my hope that this agreement is the beginning of the end for all the reckless gamesmanship and political posturing that have plagued Washington.

“Now that Congress has taken this first step, it must remain in session for as long as it takes to achieve bipartisan compromise on the farm bill, jobs initiatives, extension of unemployment benefits, and extension of critical tax credits for the wind industry, employers, and middle class families.”

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