March 1, 2013

Sequester Deadline All But Blown, Obama Hopes For Big Deal

Automatic spending cuts set to go into effect at midnight.

The president has summoned the top bipartisan congressional leadership to the White house, a meeting designed to give all sides a chance to stake out their fiscal positions with a new threat of a government shutdown less than four weeks away. There were no expectations of a breakthrough.

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BACK IN THE BLAME GAME

Former GOP presidential candidate Mitt Romney said Friday that Republicans were right to feel hurt after President Barack Obama gave speeches on the looming sequester.

"Well, no one can think that's been a success for the president. He didn't think the sequester would happen. It is happening," Romney said...
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