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sequestration

Federal Reserve Bank Chairman Ben Bernanke testifies before the Senate Banking, Housing and Urban Affairs Committee
Federal Reserve Bank Chairman Ben Bernanke (Chip Somodevilla/Getty Images)
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Bernanke Warns About Sequester, Boehner Gets Salty [VIDEO]

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.

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Mark Wilson, Getty Images
Mark Wilson, Getty Images
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How Will Sequester Cuts Impact Chris Christie’s Budget? [AUDIO]

Automatic spending cuts will kick in this Friday if lawmakers in Washington can't reach a deal. If the sequester does become a reality, New Jersey could get less federal Sandy relief aid than originally anticipated.

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President Barack Obama speaks to the National Governors Association in the State Dining room of the White House
President Barack Obama speaks to the National Governors Association in the State Dining room of the White House (Dennis Brack-Pool/Getty Images)
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Obama Warns Sequester Could Idle Shipbuilder [VIDEO]

President Barack Obama is arguing that looming automatic spending cuts could idle military resources like aircraft carriers as he makes a trip to Virginia that's drawing criticism from Republicans.

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Christie10-300x2302
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Federal Cuts Could Undermine Chris Christie’s Budget

Gov. Chris Christie is hoping the budget he presents Tuesday isn't built on shifting sands.

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Gov. Chris Christie listens as President Barack Obama speaks to the National Governors Association in the State Dining room of the White House
Gov. Chris Christie listens as President Barack Obama speaks to the National Governors Association in the State Dining room of the White House (Dennis Brack-Pool/Getty Images)
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The Obamas, Biden Speak To Governors [VIDEO]

President Barack Obama says Congress can keep across-the-board cuts from taking effect with "just a little bit of compromise while the first lady talked about making it easier for veterans to get jobs when they return home.

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President Barack Obama delivers remarks to the National Governors Association
President Barack Obama delivers remarks to the National Governors Association (Olivier Douliery-Pool/Getty Images)
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As Cuts Loom, Obama Meets With Governors [VIDEO]

President Barack Obama will be meeting with the nation's governors as they push Congress to avert deep federal spending cuts that begin to take effect Friday.

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President Obama Delivers State Of The Union Address
(Photo by Charles Dharapak-Pool/Getty Images)
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White House: Education, Military Would See Big Cuts In NJ [VIDEO]

A White House report shows education and the military would see big reductions in New Jersey if automatic cuts to the federal budget take hold this week.

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Louisiana Governor Bobby Jindal
Louisiana Governor Bobby Jindal is scheduled to appear on NBC's Meet the Press today.(Andrew Burton, Getty Images)
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Governors Join White House To Fight Automatic Cuts

Exasperated governors are joining a White House push to intensify pressure on Congress to prevent a looming budget crisis.

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Sen. John Hoeven
Sen. John Hoeven (R-North Dakota)
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Weekly Address: Sequester, Energy [VIDEO]

President Barack Obama says a little compromise is all Congress needs to turn off automatic, across-the-board budget cuts set to kick in a week from now.

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President Barack Obama delivers remarks on the economy at Linamar Corporation in Arden, North Carolina.
John W. Adkisson, Getty Images
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Administration Warns Of Sequestration Impact [VIDEO]

 Widespread flight delays and shuttered airports, off-limit seashores and unprotected parks.

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