Chairwoman Barbara A. Mikulski (D-Md.) issued the following statement on the White House sequester report released today:
"This latest report from the White House confirms the sequester will be devastating, causing ripple effects across our economy and costing America hundreds of thousands of jobs we can't afford to lose. These are real impacts in real communities with real consequences.
"We must stop sequester with a balanced approach to reducing our debt and deficit that includes reforms to the tax code, strategic cuts to mandatory spending and gives credit for cuts already taken.
"We can do it if we work in a bi-partisan way across the aisle and across the Capitol dome to agree on closing tax loopholes and making strategic cuts while maintaining our investments in education and innovation. That's how we'll create jobs today and jobs tomorrow, accelerate our economy and reduce our debt and deficit."