fiscal sequestration

File photo of the Pentagon. (credit: -/AFP/Getty Images)

Pentagon Cuts Number of Furlough Days

The Pentagon will sharply cut the number of unpaid furlough days civilians will be forced to take over the next several months from 22 to 14, defense officials said Wednesday, reducing the impact of automatic budget cuts on as many as 700,000 workers.


(Photo credit: KAREN BLEIER/AFP/Getty Images)

How Federal Cuts Could Affect Md., Va.

The White House released lists for each state on Sunday of potential effects of automatic spending cuts set for Friday.


Speaker of the House John Boehner (R-OH) (C) answers reporters' questions during a news conference with (L-R) Rep. Martha Roby (R-AL) (obscured) and Rep. Cathy McMorris Rodgers (R-WA) at the Republican Party Headquarters on Capitol Hill February 13, 2013 in Washington, DC. The House Republican leaders squarly layed blame for the pending fiscal sequestration on President Barack Obama and said it was his and Senate Democrats who must avert the manditory spending cuts that will go into affect March 1. (Photo by Chip Somodevilla/Getty Images)

Governors: Looming Cuts Threaten Economic Gains

Washington’s protracted budget stalemate could seriously undermine the economy and stall gains made since the recession, exasperated governors said Saturday as they try to gauge the fallout from impending federal spending cuts.