Congresswoman Maxine Waters (D-CA) claimed today that "over 170 million jobs" could be lost due to sequestration.

Starting at around 0:30Ö

Yesterday we did have Mr. Bernanke in our committee and he came to tell us what heís doing with quantitative easing and that is trying to stimulate the economy with the bond purchases that heís been doing because heís trying to keep the interest rates low and jobs Ė and he said that if sequestration takes place, thatís going to be a great setback. We donít need to be having something like sequestration thatís going to cause these jobs losses, over 170 million jobs that could be lost ...
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