WASHINGTON, D.C. –(ENEWSPF)–September 21, 2012. Today, Representatives Jan Schakowsky (D-IL) and Jerrold Nadler (D-NY) introduced crucial legislation to halt sequestration, the process laid out in the Budget Control Act of 2011 to cut $1.2 trillion in federal spending on defense and domestic programs over 10 years. The Save America’s National Economy Act, aka the SANE Act, would save 2.6 million jobs estimated to be lost because of these cuts in the first three years alone, while safeguarding vital funds for housing, education, and health care for millions of Americans. By stopping the reckless 8% across-the-board cuts slated to begin on January 1, 2013, the SANE Act would return much-needed sanity to our budgeting process so that we can continue the economic recovery without sacrificing the middle class, kids, seniors, and the most vulnerable members of our communities. Nearly 3,000 national and local organizations in all 50 states joined together to state their strong opposition to sequestration.
