Calling upon Congress and President Obama to use upcoming budget cycle to reverse sequestration budget cuts, AIA President and CEO Marion C. Blakey cited "two huge waves" threatening the industrial base. First wave identified by Blakey was $37 billion dollar sequester "which falls heaviest against investment accounts," and second wave pertained to potential strikes "if current law holds and the fiscal year 2014 budget is hit by an even larger sequestration amount of $55 billion."
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