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.
Washington’s Metro transit system stands to lose $22 million over the next six months because of looming federal budget cuts.
As the sequestration deadline looms, gun control testimony will blanket Capitol Hill on Wednesday with victims’ families, doctors and others scheduled to testify.
The world’s largest museum complex is bracing for a $40 million cut in funding due to the budget stalemate in Congress, but the Smithsonian Institution vows to keep the doors open at its museums and National Zoo.
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.
Congressional Democrats and Republicans split up across Virginia Monday to deliver dueling messages about the need for a bipartisan deal to stop $85 billion in looming budget cuts set to start taking effect Friday.
Facing an end of the week deadline, President Barack Obama said Monday that Congress can avert sweeping across-the-board cuts with “just a little bit of compromise,” as he sought to stick lawmakers with the blame if the budget ax falls.
The White House released lists for each state on Sunday of potential effects of automatic spending cuts set for Friday.
Defense Secretary Leon Panetta told Congress on Wednesday that if automatic government spending cuts kick in on March 1 he may be compelled to furlough the “vast majority” of the Defense Department’s 800,000 civilian workers.