February 5, 2013 A March 1 deadline looms. That's when deep, automatic federal spending cuts are set to kick in. The president is asking for a small package that the White House says would give Congress more time to reach a permanent solution to budget problems.
January 30, 2013 Federal spending cuts may have hurt the U.S. economy's fourth-quarter growth. But don't count on that changing the dynamics of the current debate over the sequester, the ax poised to start hacking $1.2 trillion from federal spending if Congress fails to stop it by the March 1 deadline.