Sequester Wasn T News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The last three months of 2012. why? one reason could be our broken government in washington, which still can't pass a long-term budget and prefers to govern from one fiscal crisis to another. crises of its own making, by the way. joining me to discuss this and more is mohammed arian, the ceo pimco, one of the world's largest investors in bonds. chrystia freeland is the editor at thomson reuters digital and christine romans the host of "your bottom line." welcome. it's good to have you here. you warned that those forced government spending cuts, which we called the sequester were going to do gr...

From one fiscal crisis to another. joining me to discuss this and more is mohammed arian, the ceo at pin kro. and christine romans welcome. good to have you all here. it's great to have you here. you warned that those forced government spending cuts, which we called the se kwquester were kboing to do damage to the economy. strangely, the stock market doesn't seem to buy into any of had. does that mean the sequester wasn't the big deal we thought it was going to be or does ha mean there's more to come? >> unfortunely, there's more to come. the issues are really important. the economy is stuck h...

About cuts whether they are happening or not, it's tough to conclude otherwise, that they are looking to push congress in one direction or another. martha: and this continues, and gets worse? i mean the president told us basically you wouldn't feel some of the impact of this for quite some time. how much worse does it get? >> i think we could he can stpebgt in certain areas to have quite an impact. a lot of the areas the impact is exaggerated quite a bit. we are talking about 2.7% cross across all of government. in some care kwras it's more concentrated than that. what we do know is we have to...

Never intended it for it to get to this point. in july of last year, memo sent to the agencies said don't worry about the sequester. it won't happen. go about your business faz the sequester wasn't going to happen, which ended up being irresponsible way to govern. there are ways to plan ahead. the middle managers sid we better think about going forward. there is a way to get more. the presidents said okay, mr. president. go for it. you have the authority. tell us what you are going to cut. >> bob: that is an interesting point. the fact that obama has not picked up on me tells me he will go aft...

Deish consequences if those march 1st spending cuts kick in. john born says the sequester wasn't his idea but should he try to stop it. plus new york city's murder rate hit a 50 year low but the policy is still under fire. to stop and frisk be soon a thing of the past? and the return of the hollywood black list. campaign against zero dark 30. >> paul: welcome, i'm paul gigot. with days to go president obama turned up the heat on republicans this week saying they would be to blame if across the board spending cuts take affect march 1st. appearing on police officers and firefighters and other fi...