White House and Congress Struggle To Avoid Looming Spending Cuts by March 1

With across-the-board spending cuts set to take effect in less than a month, the White House called on Congress to enact a small package of targeted tax increases and spending cuts that would delay the looming governmentwide sequestration. “Deep, indiscriminate cuts to things like education and training, energy and national security will cost us jobs, and it will slow down our rec... Read More