Sequester Cuts Outlined By Obama White House As March 1 Deadline Looms


Sequester Cuts Outlined By Obama White House As March 1 Deadline Looms

By JULIE PACE 02/25/13 08:46 PM ET EST AP

WASHINGTON — President Barack Obama on Monday said looming automatic spending cuts are already affecting the economy, while a top administration official warned that the nation's borders would be less secure if billions of dollars are yanked from the budget Friday.
Sequester Cuts"The uncertainty is already having an effect," Obama said. "Companies are preparing layoff notices. Families are preparing to cut back on expenses. The longer these cuts are in place, the bigger the impact will become." READ More....
Posted by

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)