Sequester Is Coming Is It That Bad

Sequestration

The spending cuts known as the

Government spending cuts are a big part of the fiscal cliff. Here's what might happen if a compromise is not reached.

Bob Woodward, David Sanger, Rana Foroohar and John Dickerson discuss how

The

President Obama said today that, while avoiding the

With the

In which John explains how the United States arrived at

Congress reaches a new obstructionist low this week as billions of dollars in cuts known as the

President Obama called individual Republican senators over the weekend looking for votes to increase taxes and soften the blow ...

With Congress still in a stalemate in a deal to avoid the

If the government doesn't reach an agreement on looming massive spending cuts, how will that affect the country? New York ...

To learn how the

Amy Walter, Michael Gerson and John Dickerson offer their take on whether the automatic spending cuts will set in on March 1, ...

ABC News' Jim Avila investigates the controversy around the

Mr. Speaker, President Obama had the chance last night to lay out a plan for smart, strategic savings to replace his devastating ...

U.S. President Barack Obama is calling on Congress to take action to prevent $85 billion in automatic spending cuts -- known as ...

Feb. 25 (Bloomberg) -- On today's "The Real Deal," Michael McKee looks at the ripple effect of budget cuts going into effect March ...

President Barack Obama warned Tuesday that "people will lose their jobs" if across-the-board budget cuts, known as the ...

UPDATE (03/01/13): To clarify a comment from the video that may be unclear, references to future defense spending are in ...