The Senate rejected competing sequestration alternatives today, meaning that it will take effect tomorrow. President Obama is meeting with congressional leaders Friday, but no quick breakthrough is expected.
Meanwhile, the next deadline is March 27, when the stopgap measure funding the federal government expires and a new agreement will be required to prevent a government shutdown. Replacing or changing the sequester will likely factor in those talks. And there are plenty more fiscal speed bumps ahead.
- The Party’s Over 03/05/2014
- President’s Fiscal Year 2015 Budget, the Good and the Bad 03/05/2014
- White House Budget; What Should Be In It? 03/03/2014
- New Plan Moves Tax Reform Forward 02/26/2014
- Retreating on Military Retirement Reform 02/25/2014