The Sequester

10:15am

Fri March 1, 2013
The Two-Way

Decrying 'Dumb, Arbitrary Cuts,' Obama Says 'We Will Get Through This'

Originally published on Fri March 1, 2013 12:23 pm

"Washington sure isn't making it easy" for the American people and the American economy, President Obama told reporters late Friday morning as he and other lawmakers failed to reach a deal to avert $85 billion worth of automatic "sequester" spending cuts due to start at the end of the day.

Read more

7:10am

Fri March 1, 2013
The Two-Way

Woodward: White House Dislikes Being 'Challenged Or Crossed'

Originally published on Fri March 1, 2013 9:08 am

Washington Post associate editor Bob Woodward speaks at the Newseum in Washington, D.C., in June.
Jim Watson AFP/Getty Images

On a day when we're in the final countdown for sequestration, Washington is still abuzz over whether or not White House economic adviser Gene Sperling threatened journalist Bob Woodward.

Read more
Tags: 

5:44am

Fri March 1, 2013
The Two-Way

Deja Vu All Over Again As 'Sequester' Deadline Looms

Originally published on Fri March 1, 2013 9:55 am

The White House: When night falls, it looks like the "sequester" will arrive.
Jim Lo Scalzo EPA /LANDOV
  • From 'Morning Edition': Ari Shapiro reports

Update at 11:55 a.m. ET. As Expected, No Deal:

President Obama and Congressional leaders met at the White House Friday morning and, just as pundits predicted, they could not reach a deal to avert the $85 billion in automatic spending cuts set to begin at the end of the day. We've posted on that news:

Decrying 'Dumb, Arbitrary Cuts,' Obama Says 'We Will Get Through This'

Read more

3:13pm

Thu February 28, 2013
It's All Politics

Justice Department Warns Of 'Pain' From Looming Cuts

Originally published on Thu February 28, 2013 4:30 pm

Attorney General Eric Holder speaks before a meeting of the National Association of Attorneys General on Tuesday.
Manuel Balce Ceneta AP

President Obama minced no words when he talked about how the looming budget cuts known as sequestration could hurt the Justice Department.

"FBI agents will be furloughed. Federal prosecutors will have to close cases and let criminals go," Obama said.

Starting late Friday, if Congress and the White House can't come to an agreement, the Justice Department will face $1.6 billion in cuts — about 9 percent of its budget. Attorney General Eric Holder told a group of state law enforcement officials who met in Washington this week that the situation looks ugly.

Read more

12:35pm

Thu February 28, 2013
Planet Money

The Last Time Congress Built A Doomsday Machine

Originally published on Thu February 28, 2013 4:30 pm

Sequester 1.0
Lana Harris AP

After years of tax cuts and a big hike in defense spending, deficits were rising. Then came a bitter battle over the debt limit. Three senators came up with a plan: Unless Congress and the White House could get the deficit under control, this thing called "sequestration" would do it for them.

The year was 2013 1985.

Read more

Pages