Budgetary issues have “sucked out all the energy” on Capitol Hill and at federal agencies, preventing critical work on retirement issues from being achieved, said the chairman of an influential Washington law group Monday at the 2013 SPARK National Conference.
Stephen M. Saxon, chairman of the Groom Law Group, said little is getting done in the capital city because of the mandated government budget cuts known as sequestration. “The fact that we have sequestration and all these budget issues signified the inability of those of us in Washington to deal with key issues facing the American people. And it’s terribly unfortunate,” he said.