Government Spending

House and Senate Working on Budgets
www.nytimes.com

Despite the fact that the spending plans will be miles apart ideologically, there are signs that some sort of compromise might be possible.

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Day 7 of spending cuts and the sky isn't falling . . . yet
rss.cnn.com

After officially one week of forced spending cuts, we’ve seen no major changes, John Berman says. But “cuts are coming.”

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Boehner Still Links Debt Ceiling, Cuts
online.wsj.com

House Speaker Boehner said he would continue to insist that the next debt-ceiling increase be accompanied by matching spending cuts, raising the prospect of a showdown when the borrowing limit expires this spring.

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Rhetoric Cools on Cuts' Near-Term Pain
online.wsj.com

After warning that across-the-board spending cuts would have catastrophic effects, White House officials are trying to play down fears that people will suffer hardships right away.

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Sen. Kelly Ayotte Keeps Door Open for 'Big Agreement' on Budget
feeds.abcnews.com

While the White House and Congress failed to reach an agreement to avoid automatic spending cuts that began taking effect on March 1, Sen. Kelly Ayotte, R-N.H., said she is still open to the idea of a “big agreement” to address the country’s long-term fiscal…

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As Obama signs the order, sequester takes effect
nbcpolitics.nbcnews.com

It’s official: President Barack Obama has signed an order – as required by the “sequester” legislation – to enact broad cuts to federal spending, according to a White House release.

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Sequester day comes at end of unserious week
firstread.nbcnews.com

First Read: The lack of urgency or negotiations to avoid the pending spending cuts leaves impression that both sides might be fine with the sequester.

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