Page 3 - Sequester Spending Cuts News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Presidential i've got to ask you about another bit of news. we're learning the president is returning part of his salary to help those impacted by the sequester spending cuts. what can you tell us about that? >> reporter: that's right. president obama will be giving 5% of his salary back to the treasury every month. retroactive to march 1st. so i'm hearing that he's going to cut the first check this month. the white house saying that this is to show solidarity with the workers who will be furloughed, and that 5% represents the amount that will be cut from nondefense spending to the federal gov...

All right. so, how about that? if you're one of the millions of americans waiting on getting your tax return back the irs says it is slowly catching up with their work. last minute changes in tax rules delayed the irs. a little bit slow. they have got about 10 days of a backlog. so far the irs has processed more than 77 million returns. are yours among them? are they already in? the average refund is $2827. that is pretty good. down slightly from last year. bill: if you got a refund it is coming on the way you get a little anxiety. martha: you want to see that check in the mail. bill: come on ...

Mr. obama said would solve everything and despite the modest sequester spending cuts. thus it is still an important document even if it has no chance of becoming law later this year. kelly o'donnell, republicans understand, as well as democrats, that these budgets that are being relieved today really are more political statements than documents that actually have any chance of being signed into law, right? >> if they didn't take their sort of predictable positions they probably would be criticized for abandoning some of the ideas they campaigned on. yeah, they start in sort of the extreme i wo...

>> the white house. >> reporter: we talked via skype to a sixth grade class from waverly, iowa, just told their white house tour next week has been canceled. how big a deal is it to go to the white house? >> it's very important. they'll remember it for the rest of their lives. unfortunately, they might remember this is a sign of their government if they can't go. >> reporter: now they've launched a facebook campaign. to get the white house open. the message -- >> all: the white house is our house. please let us visit. >> reporter: republicans accused the white house of playing politics, but th...

Obviously one sided and it did feel like they were try too hard to discredit alexander. even areas herself didn't seem to be playing along with it at one point, shep. >> shepard: dominic in los angeles this afternoon, thanks. the homeland security says some lines are getting longer thanks to the manufactured budget crisis. airline executives say they are not seeing any unusual delays for now. the so-called sequester spending cuts kicked in over the weekend after the white house and congress once again failed. this time they failed to get us out of the mess they created. ed henry is live at the...