Travel Disruptions Due to Sequester Will Stall Business Growth
Press release from the issuing company
Monday, March 4th, 2013
The following statement can be attributed to Michael W. McCormick , GBTA executive director and COO, on the impact of the upcoming sequester deadline on business travel and the nation's economy.
"The country is fast approaching the March 1 deadline for across-the-board cuts in every program, project, and agency in the Federal government. While the debate about the true impact on agency services rages, even the potential for significant disruptions in air travel is seriously disruptive to businesses. Threatened reductions in air traffic controllers, customs clearance officers, and TSA officials staffing airport checkpoints risk long lines, system slow-downs, and general delays. This is bad news for the millions of business travelers each month - people working to secure new business opportunities, maintain existing partnerships, increase profits for their companies, and grow overall employment.
Nothing could be worse for commerce and the nation's economic recovery. Time is short. Elected officials must work together. Rather than blunt cuts with unpredictable ramifications, GBTA supports a return to the regular order of consideration of authorization and appropriations bills in Congress, and a solid, smart approach to funding the government for the next seven months. We need a responsible path forward to address the nation's concerns about our growing debt and deficits."


