Budget Cuts

6:57am

Tue February 26, 2013
The Two-Way

Today's 3 'Should-Read' Stories About The Sequester

The U.S. Capitol, as seen from the nearby Russell Senate Office Building.
Jonathan Ernst Reuters /Landov

As Friday's deadline approaches, we're pointing to stories that should help everyone get ready for "the sequester" — the $85 billion worth of across-the-board cuts in federal spending that would begin to kick in that day if lawmakers don't strike some sort of deal before then. (We won't call them "must-reads" because we'd never want to tell anyone that they "must" read anything about this subject. Let's refer to them as "should-reads.")

First, consider this:

Read more

2:46pm

Mon February 25, 2013
Business

How Will The Sequester Play Out On Main Street, Colorado?

Could looming federal budget cuts spur uncertainty in consumer spending and reduce local sales tax revenues?
nateOne Creative Commons

6:59am

Mon February 25, 2013
The Two-Way

Today's Three Stories To Read About 'The Sequester'

Originally published on Mon February 25, 2013 8:55 am

Barring a last-minute deal that at the moment seems unlikely, months of brinkmanship are set to culminate on Friday.

The sequester — $85 billion worth of across-the-board cuts in federal spending — will begin to kick in, with potentially serious economic consequences, including federal furloughs and the slashing of programs.

Here are three stories we've plucked from the ether that should give a good picture of what's going on as we approach sequester D-Day:

Read more

9:40am

Sun February 24, 2013
It's All Politics

As Deep Cuts Loom, Continued Appeals For A Deal, Finger-Pointing

Originally published on Mon February 25, 2013 8:01 am

With less than a week before the across-the-board-spending cuts go into effect, Republicans and Democrats are sounding off about the sequestration.

"There's easy ways [sic] to cut this money that the American people will never feel," Rep. Tom Coburn, R-Okla., said on Fox News Sunday. "What you hear is an outrage because nobody wants to cut spending ... and it will be somewhat painful, but not cutting spending is going to be disastrous for our country."

Read more

4:03pm

Fri February 22, 2013
It's All Politics

What's The Sequester? And How Did We Get Here?

Originally published on Fri February 22, 2013 5:26 pm

Transportation Secretary Ray LaHood (left) answers questions during a briefing with White House Press Secretary Jay Carney on Friday.
Win McNamee Getty Images

They've been everywhere this week: dire warnings about threats posed by across-the-board federal spending cuts.

Unless Congress acts, the cuts are due to take effect a week from Friday. The administration is trying to drive home the ways that could affect you.

For example, Transportation Secretary Ray LaHood warned Friday that air traffic controllers will have to take unpaid days off beginning in April. Fewer controllers on the job could mean airport delays, and some airlines may decide to cancel flights.

Read more

Pages