Boehner: 'I don't think anyone quite understands' how sequester gets resolved
Buck McKeon (R-CA) left coins he used to illustrate his point about how sequestration cuts affects defense funding, as well as his notes, on the podium following a news conference at the U.S. Capitol in Washington, on March 1, 2013. (Jonathan Ernst
(CBS News) For its part, Wall Street has been taking Washington's battle over the automatic, across-the-board spending cuts known as the sequester in stride. Despite talk of the different ways the spending cuts would negatively affect the economy, the
On Friday, I met with leaders of both parties in Congress to try and find a way forward in light of the severe budget cuts – known in Washington as “the sequester” – that have already started to inflict pain on communities across
The sequester likely won't be the doomsday scenario that some had predicted, as the cuts will kick in gradually, but there is public frustration at Washington for not doing more, sooner. NBC's Kristen Welker reports. By Berenice Garcia and Sofia
The Department of Veterans Affairs will be spared when sequestration hits March 1. But veterans will not.