/ Source: The Last Word
Happy Sequester Day? The deadline has come, it looks like the days of austerity are upon us. President Obama and congressional leaders failed to reach a deal to avoid dramatic spending cuts.
Happy Sequester Day? The deadline has come, it looks like the days of austerity are upon us. President Obama and congressional leaders failed to reach a deal to avoid the dramatic budget cutbacks, trimming $85 billion this year alone and $1.2 trillion over the course of a decade. Analysts predict we won’t feel the widespread impact until a few months from now, though furlough notices are already being sent to some federal employees.
We’ll discuss the politics of the sequester in Friday’s show. Here’s a look at headlines shaping The Last Word rundown:
- Obama, congressional leaders fail to reach deal on sequester
- When will it end? Sequestration deal may take months
- Romney to Obama: Stop ‘berating’ GOP over sequestration
- Brace yourselves! Without a deal, Obama warns of sequestration pains
- Boehner: ‘Polite’ meeting but ‘there’s no plan‘ to replace sequester
- Michigan’s governor declares Detroit in state of financial emergency
- Obama’s ‘Jedi mind meld‘ shatters his nerd credibility
