Democratic Congresswoman: Sequester Could Cause ‘Over 170 Million Jobs’ To Be Lost
On Thursday, Rep. Maxine Waters (D-CA), flanked by her fellow Congressional Democrats, said during a press conference that the mandatory budget cuts contained within the sequester could cost the nation “170 million jobs.”
Waters warned that even Federal Reserve Chairman Ben Bernanke has called the sequestration cuts “a great setback” to the economic recovery.
“We don’t need to be having something like sequestration that’s going to cause these job losses – over 170 million jobs that could be lost,” Waters said.
She went on to warn that women, children, and homeless dependent on government welfare may suffer the most if the planned cuts in sequestration are enacted.
Watch the clip below:
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