Entrepreneurs Discuss Sequestration’s Impact

March 1, 2013 by   - () Comments Off on Entrepreneurs Discuss Sequestration’s Impact

Businesses that rely on national parks and their settings voiced concern Thursday (Feb. 28) over how the coming federal budget sequestration will affect their operations and the economies in their areas, National Parks Traveler reported.

“The basic truth is that gateway community businesses depend on our national parks being open and properly funded. Our economy depends on their economy,” said Luke D. Hyde, owner of the Calhoun Country Inn near Great Smoky Mountains National Park in Bryson City, N.C.

While the National Park Service continued Thursday to sort through the details of what operations and staffing would be affected by a 5.1% budget cut if Congress and the White House fail to agree on a solution before today ends, nearly 300 businesses from across the country warned of the direct impacts the sequestration would have if it’s long-lasting.

The businesses were brought together by the National Parks Conservation Association to put a face on those beyond federal employees who stand to be affected by the budget cuts.

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