On Tuesday, President Obama ratcheted up his warning on the consequences of the upcoming sequester, saying many "people will lose their jobs." He said the impact of the automatic spending cuts would be widespread and deep: “So these cuts are not smart, they are not fair, they will hurt our economy, they will add hundreds of thousands of Americans to the unemployment rolls.”
Now, it's crunch time; the cuts are scheduled to go into effect next Friday, so lawmakers would need to act fast on any changes.
Here's a look at more headlines that got our attention this afternoon:
- Obama warns looming sequester would devastate economy
- GOP lawmakers don’t fear political impact of sequester taking effect
- Erksine Bowles and Alan Simpson unveil new deficit reduction plan
- Former Gov. Mark Sanford: I never failed with taxpayers
- Politico: ‘Obama, the puppet master’
- Mitch McConnell pokes fun at possible Democratic Senate challengers
- WaPo editorial on cutting farm subsidies
- Mother turns in mentally ill son who was stockpiling guns
- Scott Brown explains late-night tweets, says he wasn't drunk