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Tag Results for "Sequester"

White House Regrets Canceling Guided Tours Due to Cutbacks

The White House regretted having to cancel the public's access to guided tours of the presidential mansion due to the $85 billion in cutbacks that took effect last week as part of the so-called sequester, and blamed it on Congress. continue reading »

Obama Reluctantly Orders $85 bn in Budget Cuts

U.S. President Barack Obama reluctantly ordered the launch of $85 billion in budget cuts over the remainder of fiscal year 2013 after efforts by the White House and Congress to avert them failed. continue reading »

President Warns Economy, Nat’l Security Will Suffer with Spending Cuts

President Barack Obama said Tuesday that the U.S. economy and national security will suffer if a set of automatic spending cuts takes effect later this week. continue reading »