Mayor Bloomberg on Budget Cuts
New York Mayor Michael Bloomberg spoke with reporters after a meeting in the White House with Vice President Biden on reducing gun… read more
New York Mayor Michael Bloomberg spoke with reporters after a meeting in the White House with Vice President Biden on reducing gun violence.
In this portion of his remarks he talked about the impact on New York City of automatic sequestration budget cuts and said that Congress would "find a way to postpone the sequester". He also talked about need for immigration reform.
“Sequestration,” a legal procedure in which every federal agency has the same percentage of its budget taken back in order to cut deficit spending, was agreed to in the Budget Control Act of 2011 and scheduled to happen on March 1, 2013. close
*The transcript for this program was compiled from uncorrected Closed Captioning.
People in this video
- Michael R. Bloomberg Mayor New York, NY
More Videos From
White HouseMore Videos
House Speaker John Boehner on Automatic Spending Cuts
House Speaker John Boehner spoke to reporters after meeting with President Obama about the automatic spending cuts…
Gubernatorial Reaction to White House Meeting
Following their meeting with the president and vice president, several state governors spoke to reporters outside the…
Politico Morning Money Breakfast with Senator Rob Portman
Senator Rob Portman (R-OH) was interviewed by Ben White for Politico’s “Morning Money” breakfast…
Senator Roger Wicker on Fiscal Grand Bargain
Senator Roger Wicker (R-MS) spoke about news of the day and the congressional agenda. Among the topics he…