(CNSNews.com) – House Speaker John Boehner (R-Ohio) said that the automatic budget cuts known as the sequester will go into effect unless Congress balances the federal budget over the next decade.
“I’ll tell you the same thing I told my Republican colleagues at our retreat: The sequester will be in effect until there are cuts and reforms that put us on a path to balance the budget over the next 10 years. Period,” Boehner said at his weekly press briefing.
The sequester is a package of automatic spending cuts – spread between defense and non-defense spending – that will cut about $44 billion in federal spending in 2013 and is estimated to cost about $1 trillion over the next decade if it is allowed to fully go into effect.
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