Tags: Koch | prosperity | sequester | economy

Koch Group: Sequester Will Help Economy

By Matthew Auerbach   |   Tuesday, 05 Mar 2013 10:27 AM

Americans for Prosperity, a conservative advocacy group founded by the Koch brothers, says sequestration will help the economy and lawmakers should be lauded for not caving in to pressure from the Obama administration to prevent it.

“With the sequester, Congress made a promise to the American people to cut spending. They deserve to be congratulated for actually keeping that promise,” Levi Russell, a spokesman for Americans for Prosperity, wrote in an email to The Huffington Post on Monday.

It definitely wasn’t easy given the pressure from the White House.

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“We feel absolutely that government overspending is the greatest threat to American prosperity,” Russell said.

The conservative group, which was founded in 2004 with the backing of billionaire brothers Charles and David Koch, also sent its subscribers an email Saturday arguing its case.

The email, signed by AFP president Tim Phillips, says in part: “We often criticize GOP leaders for not standing firm on limited government principles, but today Americans for Prosperity thanks Speaker John Boehner and House Republicans for standing up to President [Barack] Obama and making sure the $85 billion in much-needed sequester spending cuts took effect.

“Despite a relentlessly hysterical campaign from President Obama and the Left claiming that sequester cuts would end American civilization as we know it, the sun still rose this morning,” Phillips continued.

“For the first time in a long time, genuine substantive spending reductions actually took effect and the government is running just a bit leaner.”

The email goes on to thank AFP activists who “kept the pressure on” members of Congress to resist caving in to Obama’s demands.

“These combined efforts helped spread a message across the country that enabled House Republicans to take heart and do the right thing knowing that conservatives back home had their back,” Phillips wrote.

In the email, Phillips reminded Republicans, “We have big fights ahead of us to rein in government overspending.

“President Obama and his friends are going to continue their campaign of fear and intimidation against those of us who oppose their big government policies.

“But the $85 billion in cuts, while a modest start of just 2 cents on the dollar in federal spending, demonstrates that we can win.”

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