Budget Cuts

9:27am

Sun February 17, 2013
It's All Politics

White House Warns Of Sequestration's Effects

Originally published on Sun February 17, 2013 12:08 pm

White House Chief of Staff Denis McDonough at the White House on Jan. 25.
Carolyn Kaster AP

The White House and congressional Democrats are sounding the alarm bells over the consequences of the sequester, the across-the-board cuts to the budget that are scheduled to go into effect in March.

White House Chief of Staff Denis McDonough said the cuts would offset "pretty good" economic activity over the past few months. He said President Obama had a plan to cut an addition $1.5 trillion from the deficit.

Read more

3:21am

Sun February 17, 2013
Around the Nation

'Time And Casualties': Gen. Dempsey On Cost Of Sequester

Originally published on Sun February 17, 2013 10:28 am

Gen. Martin Dempsey, chairman of the Joint Chiefs of Staff, testifies before a Senate panel in Washington last Tuesday on the looming cuts to the defense budget.
J. Scott Applewhite AP

It's been about a year and a half since Gen. Martin Dempsey left his job as chief of staff of the Army and became President Obama's top military adviser as the chairman of the Joint Chiefs of Staff.

Dempsey is now responsible for reshaping the U.S. military after 10 years of war, which means scaling the forces down. At the same time, he's fighting to stave off across-the-board cuts to the defense budget — the so called sequester — that could happen in a couple weeks if Congress fails to reach some kind of budget deal.

Read more

4:12am

Fri February 15, 2013
Politics

Effects Of Automatic Spending Cuts Become Clearer

Originally published on Fri February 15, 2013 6:39 am

Transcript

RENEE MONTAGNE, HOST:

This is MORNING EDITION from NPR News. I'm Renee Montagne.

LINDA WERTHEIMER, HOST:

And I'm Linda Wertheimer.

As we've been hearing, clock is ticking on the sequester. That is the Washington term for the across-the-board cuts that will take effect March 1, unless Congress acts to put them off.

The impact the $85 billion reduction in government programs could have became a bit clearer yesterday, as NPR's Brian Naylor reports.

Read more

4:12am

Fri February 15, 2013
Politics

Automatic Budget Cuts Near As Democrats, GOP Stand Firm

Originally published on Fri February 15, 2013 6:39 am

Transcript

LINDA WERTHEIMER, HOST:

It's MORNING EDITION from NPR News. I'm Linda Wertheimer.

RENEE MONTAGNE, HOST:

And I'm Renee Montagne.

With Congress headed for a recess, prospects are dimming for a deal to keep the nation from falling off the next fiscal cliff - sequestration. That's the term for automatic spending cuts that go into effect March 1.

NPR's Mara Liasson explains how the White House and Congress got to this impasse and why it's so hard to get past it.

Read more

3:40pm

Thu February 14, 2013
It's All Politics

As Spending Cuts Loom, Alarm Bells Begin To Sound

Originally published on Thu February 14, 2013 4:27 pm

Joint Chiefs of Staff Chairman Martin Dempsey (from left), Deputy Secretary of Defense Ashton Carter and Undersecretary of Defense and Comptroller Robert Hale wait for a hearing of the Senate Armed Services Committee on Tuesday. Military leaders are warning Congress about the effects of the sequester.
Brendan Smialowski AFP/Getty Images

Senate Democrats offered an alternative Thursday to the sequester, the automatic, across-the-board spending cuts set to hit March 1.

Despite dire warnings in congressional hearings this week, many on Capitol Hill seem resigned to the sequester.

Read more

Pages