Buck McKeon (R-CA) left coins he used to illustrate his point about how sequestration cuts affects defense funding, as well as his notes, on the podium following a news conference at the U.S. Capitol in Washington, on March 1, 2013. (Jonathan Ernst
The failure by Obama and Republicans to agree to halt the $85 billion "sequester" cuts virtually guaranteed that fiscal issues would remain center stage in Washington for weeks, crowding out Obama's proposals to reform immigration, tighten gun laws and
Buck McKeon (R-CA) left coins he used to illustrate his point about how sequestration cuts affects defense funding, as well as his notes, on the podium following a news conference at the U.S. Capitol in Washington, on March 1, 2013. (Jonathan Ernst
The sequester kicked in on March 1. This is the $85 billion worth of Federal budget cuts that will ripple through the economy. The folks at Saturday Night Live tackled this issue in its cold open. Check it out:
The sequester likely won't be the doomsday scenario that some had predicted, as the cuts will kick in gradually, but there is public frustration at Washington for not doing more, sooner. NBC's Kristen Welker reports. By Berenice Garcia and Sofia
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