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From coast to coast, states brace for sequester shock
President Obama and top administration officials are struggling with accuracy in explaining the impact of billions in federal budget cuts known as sequester that kicked in Saturday morning — even getting called out by a Capitol Hill superintendent
(CBS News) For its part, Wall Street has been taking Washington's battle over the automatic, across-the-board spending cuts known as the sequester in stride. Despite talk of the different ways the spending cuts would negatively affect the economy, the
On Friday, I met with leaders of both parties in Congress to try and find a way forward in light of the severe budget cuts – known in Washington as “the sequester” – that have already started to inflict pain on communities across
On Friday, I met with leaders of both parties in Congress to try and find a way forward in light of the severe budget cuts – known in Washington as “the sequester” – that have already started to inflict pain on communities across
The basic amount of the sequester is $1.2 trillion in deficit reduction over 10 years. But when you reduce spending, you also reduce interest on the national debt. This means that we only need $984 billion in actual program
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