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Captioning sponsored by wpbt this is n. B. R. Tom good evening. Im tom hudson. The sequester is here and the federal Government Spending cuts will soon be enacted. Susie im susie gharib. Good evening, everyone. Well look at what sequester means for the u. S. Economy, jobs and the markets and how long it may last. Tom one bright spot for the economy auto sales. February was another strong month of sales. Susie that and more tonight on n. B. R. Tom before midnight tonight, the sequester takes effect. Those automatic spending cuts will trigger federal government furloughs, cuts in government cont...

And maybe that will start to resonate out there with the American Public and maybe then well be able to move forward with some sort of more reasonable fiscal path to the future. Reporter by easter, hoagland expects the sequester pain will probably be bad enough to force some sort of compromise, if not how bad is it going to be . What im hearing from a lot of people is the feeling this whole sequester thing is way overblown, is it . Okay, play the washington number game with me for a minute. You heard the 2 number. Oh, its only 2 of federal spending over the next 10 years. Its no big deal. But ...

And maybe that will start to resonate out there with the American Public and maybe then well be able to move forward with some sort of more reasonable fiscal path to the future. Reporter by easter, hoagland expects the sequester pain will probably be bad enough to force some sort of compromise, if not how bad is it going to be . What im hearing from a lot of people is the feeling this whole sequester thing is way overblown, is it . Okay, play the washington number game with me for a minute. You heard the 2 number. Oh, its only 2 of federal spending over the next 10 years. Its no big deal. But ...

No one was disappointed. Our Washington Bureau chief darren gersh tonight on what happened and what comes next. Reporter by now, you know how this story goes. After the lastminute meeting at the white house, the speaker emerges grimfaced. The discussion about revenue in my view is over. Its about taking on the spending problem in washington. Reporter cut to the White House Briefing room. The president says hes been reasonable. Some tax cuts, some spending cuts and some entitlement reform. Thats his prescription for budgetary pain. And since republicans wont accept it, the president says the mi...

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