March 27, 2013 Employees will have to take 14 unpaid days off over the next few months instead of the 22 the Pentagon had originally estimated.
March 6, 2013 President Obama recently acknowledged that he doesn't have the supernatural powers necessary to do a mind meld, Jedi or otherwise, with Republicans in Congress. But as a dinner invitation shows, he can at least still get meetings with them.
March 1, 2013 In the end, President Obama and other Democrats had less leverage than Republicans because of a fundamental asymmetry: Large federal spending cuts alarmed Democrats; Republicans, not so much.
March 1, 2013 On Sequester Day in Washington, lots of Twitter users invoked a favorite movie line to express their views on the automatic spending cuts. Some criticized the federal government; others just poked fun.
March 1, 2013 The president met with Congressional leaders at the White House. But as before, Democratic and Republican leaders could not agree on a way forward. So at the end of the day, $85 billion worth of automatic spending cuts start kicking in.
March 1, 2013 Once again lawmakers are up against a deadline. This time, it looks like they won't strike some sort of deal. That means about $85 billion worth of spending cuts will start to spread across many federal agencies.
February 28, 2013 No rational person would try to cut nearly all government spending by a fixed amount, regardless of the individual merit of any given program. That's kind of the point.
February 26, 2013 A slow-motion train wreck of $1.2 trillion in spending cuts spread out over 10 years would definitely be at odds with the growing urgency of the president's warnings as the March 1 deadline draws near.
February 26, 2013 But the Federal Reserve chairman warns Congress that the "sharp, front-loaded spending cuts" that would come with the so-called sequester could hurt the economy. He recommends "policies that reduce the federal deficit more gradually in the near term but more substantially in the longer run."
February 26, 2013 As Friday's deadline approaches, we're pointing to stories that should help everyone get ready. Today's choices: "Sequester, never heard of it;" "when will the cuts be felt;" and "is Obama telling the truth?"
February 25, 2013 The political stakes are high for both Congress and the president, while some GOP governors are turning up the heat on House Speaker John Boehner.
February 24, 2013 The nation's governors said the automatic spending cuts would hurt state governments, as congressional Republicans and Democrats continue to blame each other for the impasse. Without a last-minute deal, the across-the-board spending cuts go into effect March 1.
February 22, 2013 If you can't tell what politicians in Washington are talking about, you're not alone. But eventually terms such as "sequester" and "reconciliation" can become less impenetrable, if only because of their constant repetition.
February 19, 2013 It's widely accepted that indiscriminate spending cuts in defense and domestic programs due to start March 1 are likely to occur owing to the failure of President Obama and the Republican-led House to reach an agreement. But where voters will place most of the blame is still an open question.