Delaney believes that sequestration happened because the government failed to act in a bi-partisan way for the good of the country.
The cost of doing nothing is unacceptable, according to Sixth District Congressman John Delaney.
He said sequestration is not a smart way to deal with the Federal Government's debt.
"I'm one of the people who believe we need to change the government's fiscal trajectories. I'm one of the people who believe the debt burden that is accumulating in this country is a problem that needs to be dealt with and we can't kick the can down the road and we need to start doing things now to reverse those trends," Congressman Delaney said.
Congressman Delaney said he supports the Buffet Rule, which would apply a minimum tax rate of 30% to those making more than $1 million a year.
"So that if people are paying unusually low taxes because most of their income is from Capital gains and things like that, it kind of raises their tax rates to reflect what the average is for most of the country," Congressman Delaney said.
Delaney believes that sequestration happened because the government failed to act in a bi-partisan way for the good of the country. Currently, Delaney is the only former CEO of a publicly traded company serving in the House of Representatives.