President Barack Obama and congressional leaders are meeting at the White House, with billions of dollars in automatic budget cuts ready to start kicking in.
The White House says automatic spending reductions set to kick in Friday will be put off until as close to midnight Friday night as possible. Call them the Cinderella cuts.
Deep automatic spending cuts will kick at midnight tonight if lawmakers in Washington, D.C. and President Barack Obama cannot reach a deal to end the country's latest fiscal crisis.
The Associated Press has learned that the Homeland Security Department official in charge of the agency's immigration enforcement and removal operations has resigned after hundreds of illegal immigrants were released from jails because of government spending cuts.
The White House says President Barack Obama will meet Friday with congressional leaders to discuss what to do about $85 billion in mandatory spending cuts.
Last night’s hot Late Show topic
centered around the cancellation of Air Force Thunderbird flyovers that traditionally take place over marquee sporting events, such as the Daytona 500 due to the coming sequestration, which will necessitate federal budget "cuts" to all branches of government...