Local & Regional
Fri March 1, 2013
Governor Says State Ready for Sequestration
Oklahoma Governor Mary Fallin today released the following statement regarding sequestration and the looming federal budget cuts to the military and government agencies:
“Oklahoma agencies have had months to prepare for a reduction in federal funds. While it is still unclear how many dollars each state agency will lose, we do not expect an immediate loss in state services. Months ago, I asked my cabinet secretaries and state agency directors to plan ahead for sequestration. We believe the state is well-prepared.
“With that said, it is clear the sequester is creating a chaotic and uncertain environment for businesses looking to invest, state governments tasked with crafting budgets, and those who receive federal benefits or who work for or contract with the government. That uncertainty is bad for the economy and is destroying jobs. Furthermore, the large and seemingly haphazard cuts to military spending reduce the effectiveness of our armed services and hurt the economies of states with large military complexes, such as Oklahoma."