U.S. Chamber Response to Proposed Sequestration Replacements

WASHINGTON, D.C.—U.S. Chamber of Commerce Executive Vice President for Government Affairs Bruce Josten issued the following statement today regarding administration and congressional proposals on sequestration replacement:

“The Chamber has long stated that the sequester should be replaced with prioritized spending cuts. The latest proposals are simply gimmicks that fail to address our country’s spending and deficit problems. Imposing punitive and targeted tax hikes on the energy sector, as well as successful small businesses, is not the answer. Instead of punishing America’s job creators, the president and Congress should focus on comprehensive tax and entitlement reform to get this country back on track.”

The U.S. Chamber of Commerce is the world’s largest business federation representing the interests of more than 3 million businesses of all sizes, sectors, and regions, as well as state and local chambers and industry associations