This is WEEKEND EDITION from NPR News. I'm Scott Simon.
Sequestration is official. President Obama signed an executive order on spending late last night as required by law. He sent the order to Congress and that triggered budget cuts known as sequestration. Earlier in the day, the president met with congressional leaders and when they left without a deal, he took questions at the White House.
President Obama speaks to reporters Friday at the White House after he met with congressional leaders regarding the sequester. "Even with these cuts in place, folks all across this country will work hard to make sure that we keep the recovery going," said Obama. "But Washington sure isn't making it easy."
Credit Charles Dharapak / AP
Friday's deadline for President Obama to issue a sequestration order is neither the beginning nor the end of this year's budget battles in Washington. Here are five key moments to watch over the next seven months, and what's at stake in each: