sequestration

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.

Read More|Comment

President Barack Obama is chiding Senate Republicans for blocking a Democratic plan to replace automatic spending cuts that are set to kick in Friday.

Read More|Comment

Government agencies are already taking steps to comply with automatic spending cuts scheduled to take effect Friday.

Read More|Comment

Some $85 billion in across-the-board spending cuts to domestic agencies and the military are set to kick in Friday.

Read More|Comment

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.

Read More|Comment

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.

Read More|Comment

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.

Read More|Comment

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.

(Although as a corollary, some are saying that the cuts are not cuts at all, but curtailing spending increases.)

Also a

Read More|Comment

President Barack Obama says there's no way to make automatic budget cuts less damaging by giving him the authority to decide what to cut.

Read More|Comment

Federal Reserve chairman Ben Bernanke is urging Congress to replace the automatic spending cuts due to start Friday with more gradual reductions in budget deficits in the short run while House Speaker John Boehner is using salty language to prod the Senate to act.

Read More|Comment