<p>A combination sealing and cutting assembly for a bag comprises a first sealing strip and a second sealing strip. The first sealing strip and second sealing strip are connected at their corresponding ends. A slider block is movable along the first sealing strip and the second sealing strip. Movement of the slider block in a first direction brings the first sealing strip and the second sealing strip into sealing engagement with one another while movement of the slider block in a second direction releases the first sealing strip and the second sealing from said sealing engagement. A cutting mechanism is mounted on the slider block and moves with the slider block along the first sealing strip and the second sealing strip.</p>