Blakey: Sequestration Crisis Should Be Top Priority

Statement by Marion C. Blakey, President of the Aerospace Industries Association, on discussion of sequestration during the second Presidential Debate:

Oct 16, 2012, 22:45 ET from Aerospace Industries Association

ARLINGTON, Va., Oct. 16, 2012 /PRNewswire/ -- "It's a shame that tonight's debate didn't address the 800 lb. gorilla in the room in today's politics – the upcoming "fiscal cliff" and sequestration cuts that will together plunge our economy into recession and threaten our national security."

"Both campaigns have public positions on these issues – this debate was the perfect opportunity to contrast the two positions and offer the American people a choice.  Regardless of the winner in November's election, if sequestration isn't fixed, American citizens will be on the losing end of this poorly-conceived idea.  We need quick action in the lame duck Congress to stop this looming threat.  These debates should be used to provide clarity on the most pressing issue of our day."

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Founded in 1919 shortly after the birth of flight, the Aerospace Industries Association is the most authoritative and influential trade association representing the nation's leading manufacturers and suppliers of civil, military and business aircraft, helicopters, unmanned aircraft systems, space systems, aircraft engines, missiles, homeland and cybersecurity systems, materiel and related components, equipment services and information technology.

SOURCE Aerospace Industries Association