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.
February 19, 2013 While the president again charged that Republicans aren't willing to close tax loopholes for the rich, Republicans repeated that they think Obama just "wants to spend more." Automatic cuts are set to start March 1.
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.