Already, the negative effects of sequestration are being felt, writes Marion Blakey, president and CEO of the Aerospace Industries Association. Profit and headcount at defense contractors and the nation's GDP are slipping, she says. "Sequestration is no way to run a great nation," Blakey writes. "The outlines of a balanced, bipartisan approach to our nation's debt and deficit issues — a combination of targeted budget cuts, entitlement reforms and additional tax reforms — are well known. It's time to act."
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