SCA: Budget Agreement Step in the Right Direction
The Shipbuilders Council of America (SCA) called the bipartisan budget agreement now passed by both houses of Congress an important first step and thanked Members of Congress for providing the much needed resources for the U.S. shipbuilding and repair industry.
SCA recently launched a campaign called SOS: SAVE OUR SHIPS, which focuses on educating Congress and the American public about the destructive and unintended effects sequestration and budget uncertainty will have on the United States Navy and naval services, as well as thousands of American shipbuilding and repair workers.
“Passing this bipartisan agreement was crucial because of the pending losses of construction and repair jobs the Navy forecasted if full sequestration and a continuing resolution were to remain in effect in fiscal year 2014,” said SCA President Matt Paxton.
“We are grateful for the action Congress has taken, but the long term threat to our industry remains. We are calling on America’s leaders to keep working to address the future fiscal uncertainty if the U.S. is to maintain the nation’s fleet, and retain a skilled and experienced domestic workforce. ”
SCA will continue the SOS Campaign to bring public awareness to the future financial threats facing the shipbuilding and repair industry, and will work with Congress in 2014 to ensure the U.S. fleet remains strong and ready.
The agreement reduces the original $52 billion sequestration cut in fiscal year 2014 by roughly $21 billion — about a 1.2 percent reduction compared to fiscal 2013 instead of the expected 6 percent reduction. The fiscal year 2015 cuts are reduced by about $10 billion.
Press Release, December 20, 2013; Image: HII