Automatic Budget Cuts | featured news

After their fifth budget battle in the past two years and after the sequester cuts went into effect on Friday, both sides seemed to wave the white flag and declare a political truce -- for now. President Obama, during his press conference on Friday, suggested little appetite for a showdown over government operations, which will expire later this month. “If the bill that arrives on my desk is reflective of the commitments that we’ve previously made, then obviously I would sign it because I want to make sure that we keep on doing what we need to do for the American people.”

As automated federal spending cuts take effect, projected red ink for the next decade has been reduced by about $4 trillion. But this wasn't how Democrats or Republicans wanted to do it.

The Congress is getting an earful about the big spending cuts beginning to hit government services from worried and irate constituents, including one senator's own spouse.

Speaking after meeting with congressional leaders, President Barack Obama said Friday the budget cuts slated to go into effect today are the "choice" of Republicans who stonewalled any compromise to avert them.

Across-the-board spending cuts all but certain, Republicans and Democrats in the Senate are staging a politically charged showdown designed to avoid public blame for any resulting inconvenience or disruption in government services.

While White House strategists believe that Republicans will be blamed as the cuts’ effects slowly emerge, President Obama risks political damage if Americans end up just shrugging at the reductions.

...Unlike their predecessors, today’s leaders have models on how to revive depressed economies. The example of Franklin Roosevelt, whose public investments in jobs and defense turned the U.S. economy around, and the writings of John Maynard Keynes, who demonstrated that the solution to depression is boosting demand, are plain for all to see. Seeing isn’t believing, however, when ideology dims the eye.

The nation’s capital was enveloped in a familiar kind of gridlock late Monday, as Republicans again demanded that President Barack Obama and Senate Democrats act first to put off $85 billion in automatic cuts slated to take effect on Friday.

So it's looking more and more like Republicans will propose an alternative to the sequester: It would kick in, but Obama administration agency heads would have control to reallocate where the cuts hit at their discretion, so they're not imposed in a slap-dash across-the-board fashion. Among those suggesting this idea: National Review and Karl Rove.

People traveling to the nation's parks this spring will find fewer rangers on the job and reduced hours at visitors' centers if the government enacts sweeping budget cuts. Camping and hiking areas might also be closed when the National Park Service cuts $130 million from its $2.6 billion budget under sequestration measures set to start at the end of March.