Sequestration

Obama 5% of Salary Returned to Treasury

April 4, 2013, 10:35 am

Obama 5% of salary returned to treasury: U.S. President Barack Obama has decided to return 5 percent of his $400,000 salary to show solidarity with federal employees adversely [...]

Automatic Budget Cuts Largely Unseen but Ticking Away

April 3, 2013, 11:19 pm

After one month of sequestration, some are asking what all the noise was about but those on the front line tell a different story.

National Parks Need a Strategy

March 28, 2013, 6:00 am

The federal government is brainstorming ways to develop a steady stream of funding to support and preserve national parks. Sequestration cuts 5 percent from the already [...]

Coming to Grips With Sequestration

March 6, 2013, 10:27 pm

The term sequester or sequestration has been thrown around in speeches, articles, and testimonies. Yet many Americans get that blank look in their eyes when you ask them to [...]

Small Businesses in New York Hit By Sequester

March 4, 2013, 2:40 pm

The automatic cuts, or sequester, that was triggered Friday, will result in a $5.5 million blow to the Small Business Administration nationwide. Small businesses in New York [...]

Cuts Will Have ‘Far-reaching Effects’ Says U.S. Defense Secretary

March 2, 2013, 6:00 am

U.S. Defense Secretary Chuck Hagel warned Friday that uncertainty surrounding sequestration was impacting U.S. defense capabilities, and if allowed to take its course would [...]

Lockheed Stocks on the Rise Since Last Minute Contract

March 1, 2013, 3:51 pm

Lockheed Martin Corp. won another contract to build F-35 fighter jets just hours before the U.S budget cuts, known as sequestration, were set to take effect Mar. 1.

Lockheed Martin Gets Contract Just Before Sequester

March 1, 2013, 2:52 pm

Lockheed Martin Corp., a major U.S weapons contractor was awarded a $333.7 million contract just moments before the sequester was set to take effect.

Sequestration: Top 4 States With Largest Losses

February 28, 2013, 6:03 am

The sequester deadline is approaching on Mar. 1, and if President Barack Obama and Congress do not work together to come up with a plan, then automatic budget cuts will go [...]

Sequestration Will Have Critical Effect on Homeland Security: Napolitano

February 28, 2013, 6:01 am

Department of Homeland Security Secretary Janet Napolitano said that the automatic budget cuts, which would see $85 billion in across-the-board spending cuts in the first [...]