Page 6 - Sequester Cuts News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Second address and he has a chance there to layout a more sweeping look at what he wants to accomplish. take a look at this number, if you will. a huge number. negotiators in congress dpreeing on a spending plan to keep the government funded until the end of the year. notably affecting some of the veterans and the much debated sequester cuts. gym acosta at the white house with the very latest. we have a deal, the question always is, will it pass? >> reporter: fingers crossed. good morning. the white house is praising the spending bill agreement that was announced last night. let's roll throu...

The house and senate appropriations committee chairman had come to an agreement that this is going to fund the government through september. that is something we have not seen here in washington in some time. let's roll through some of the things this agreement does. it does amount to about a trillion dollars in spending. it does soften the sequester cuts by making more targeted cuts. it also restores some of those pension cuts for older veterans that were in the framework agreement by the budget committee chairman and the senate and the house. and so that is going to make republicans, even so...

Extension of unemployment benefits. the republicans are not going to go along with this unless there are offsets. that's going to put the democrats where i told you they would be over a month ago. yes, i know it saves some sequester cuts, but if they didn't do this deal, we'll be talking about millions of americans being affected by the budget as opposed to 1.3 million. the democrats are going to have to come up with something. if they really want to extend these unemployment benefits the way it stands right now, the republicans have the democrats right where they want them. unfortunately this...

But officials point out harper rejected the package of revenue enhancement of spending cuts which would have avoided the sequester cuts which itself took a big chunk out of the funding for medical research. harper says higher taxes was not the answer to the problem. >> wendell goler, in beautiful hawaii. and obamacare creating new heat among critics and supporters. "the wall street journal" says they may establish a federal bureaucracy dedicated to the big tech projects. now, in order to avoid the disastrous results of healthcare.gov, here is the question, do we need more government? hey, ja...

And they see that as the only mechanism where spending cuts are taking place. >> it turns out the republicans, almost like the [ inaudible ]. its way blunder by the president. >> it will have investments in education and energy and medical research. >> the president tried to convince the public that the sequester cuts would be too painful to bear. >> border patrol agents will see their hours reduced. fbi agents will be furloughed. federal prosecutors will have to close cases and let criminals go. >> the president went into full chicken little mode. the sky is falling, he said. in fact he said ...