Government Spending

Rep. Cassidy: Obama should lead on cuts
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Rep. Bill Cassidy (R-La.) on the possibility of a last-minute deal to avoid forced massive spending cuts.

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No agreement from White House meeting on looming spending cuts
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President Barack Obama blamed Congress for failing to prevent forced spending cuts that take effect Friday, saying the reductions will harm economic recovery.

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Hagel to hear from Joint Chiefs on defense cuts
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The Joint Chiefs of Staff plan to brief newly minted Defense Secretary Chuck Hagel on the impact that spending cuts — slated to go into effect Friday night — might have on military readiness.

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Time's Michael Scherer Publicly Admits to Being Obama Supporter
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Michael Scherer is listed officially as Time Magazine’s White House correspondent, but a few hours ago he was good enough to finally come out of the closet as a partisan as desperate to defend Obama as Dave Weigel and Ben Smith: Instead of running LA, Jindal attacking WH MT @bobbyjindal: Instead of fighting out-of-control spending, @whitehouse […]

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Education secretary warns of teacher layoffs — which aren't related to sequester
firstread.nbcnews.com

As the country gets closer and closer to Friday’s deadline before the automatic “sequester” spending cuts take effect, the Obama White House has issued dire warnings — like 10,000 teachers could be laid off, and “2,100 fewer food inspections could occur.”

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The Caucus: Union Leaders Call for Repeal of Automatic Spending Cuts
thecaucus.blogs.nytimes.com

With President Obama and Congressional Republicans making little progress toward reaching a budget deal, the nation’s union leaders on Wednesday began pushing a new proposal to prevent the looming cuts: immediately repeal the sequestration law.

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