President Barack Obama has signed an order authorizing the government to begin cutting $85 billion from federal accounts, officially enacting across-the-board reductions that he opposed but failed to avert.
The Pentagon has sent Gov. Martin O’Malley a letter on the impact of automatic federal budget cuts.
No progress to report in efforts to stave off looming government-wide spending cuts, President Barack Obama on Tuesday singled out for praise the few Republicans who say they’re open to aspects of his approach, seeking to turn up the heat on GOP leaders ahead of Friday’s deadline.
President Barack Obama says Congress can keep across-the-board cuts from taking effect with “just a little bit of compromise.”
President Barack Obama has issued another appeal to Congress to work with him to avert the first stage of what will ultimately be more than $1 trillion in automatic cuts to domestic and defense spending scheduled to take effect March 1.