U.S. Sen. Mark Pryor, D-Ark., talks to Arkansas Business about what's at stake in Arkansas as we approach the the fiscal cliff.

Pryor made the comments as part of a wide-ranging interview with Arkansas Business.

The sequestration component of the 2011 Budget Control Act mandates $1.2 trillion in budget reductions during 10 years. Those largely across-the-board spending cuts would begin in 2013.