* U.S. discretionary spending to fall to 2004 levels * Obama proposes replacing sequester cuts, boosting spending By Dav...
WASHINGTON -- For the most part, the super wealthy are not directly affected by cuts to government services. Private security guards, private schools ...
Republicans on Capitol Hill have dug themselves into a deep and narrow chasm whose walls are about to close in. In a matter of weeks, they may find themselves squeezed mercilessly between their implacable right wing and constituents feeling the pain of sequestration.
WASHINGTON, March 4 (Reuters) - President Barack Obama said on Monday that government agencies would need to make "very difficult decisions" as a re...
WASHINGTON -- President Barack Obama blamed Republicans Friday for the failure of Congress to reach an agreement to stave off the automatic budget cut...
WASHINGTON — President Barack Obama on Monday said looming automatic spending cuts are already affecting the economy, while a top administration...
The sequester, and all the sequential sequesters over the next decade, deprive Democrats of the resources that they need to be, well, Democrats. Obama can proclaim big, bold initiatives as he did in the State of the Union Address, but they are all mere gestures -- because there is no money to spend on any of them, thanks to the bipartisan obsession with budget cutting. Even worse, Democrats end up colluding in eviscerating very popular and necessary signature programs like Medicare and Social Security, which literally define the core differences between the two parties. So by 2016, and even by 2014, nobody will much remember who was more at fault in the sequester battle of early 2013. The voters will be looking at their own economic situation, and it won't be pretty.
