President Obama and congressional leaders fail to reach an agreement in a last-ditch effort to avoid $42 billion in effective spending cuts.
Two votes on Feb. 28 to thwart the sequester failed in the Senate. President Obama will meet Congressional leaders again Friday March 1, but the probability of compromise is low.
President Obama and congressional leaders fail to reach an agreement in a last-ditch effort to avoid $42 billion in effective spending cuts.
Two votes on Feb. 28 to thwart the sequester failed in the Senate. President Obama will meet Congressional leaders again Friday March 1, but the probability of compromise is low.