Page 3 - Sequestration Kicks News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Several states every week since mid-february. >> gregg: more to come. thanks very much. >> heather: fox news is taking a closer look at the budget battle in washington. tonight our own john roberts hosted a special fox reporting, show down on debt row. >> republican congressman david schweiker is telling his constituents is back in arizona saying he will hold firm. >> there will be five days to solve this or go over whatever sequestration kicks in. how do you see it unfolding? >> first miss take is saying solvent because if we can't do this tiny marginal reduction in spending by ultimately isn...

When the sequestration kicks in. >> woo dough can't do this teenly marginal reduction in spending which ultimately by the end of the decade isn't even a reduction in spending it is just a reduction in the growth of spending god forbid what our future is if we can't to that. >> shannon: part of a powerful news block starting with chris wallace ex-clue you suv interview with mitt romney and ann romney. and then john roberts exclusive special on the debt at 8:00 eastern. coming up, sequestration cuts officially in effect. california and virginia could be tightening their belts as some of the deep...

To understand the basic outlines of the deal reached. i'm hopeful a deal has been reached because i frankly think the consequences for the american middle class and our economy and recovery will be far worse if there is no deal for us to talk through later today in our caucus meeting. >> senator chris coons. thank your for your time. we wish you all the best. >> thank you, shannon. >> shannon: while much of the focus is on tax rates there, of course, is another major piece of the fiscal cliff puzzle that isn't getting as much attention. if sequestration kicks in the military will face billions...

Of the economy. >> he represents this area probably the wealthyest congressional district in all of america categorically rejects the idea washington and region around here is a pair sitic region that feeds off of those who pay. >> the relationship between the government and need to procure technical services and goods is uniquely that in northern virginia which it has spurred a vibrant information technology high information sector the government benefits from. as well as the source of direct employment and investment created the modern economy in northern virginia. >> the congress is unable ...

Out of the military, that's going to hurt the economy. there's an argument, i don't know whether i buy it but i'll put it out if you're interested in kansyian economics and the stimulus to get us over the hump, romney might end up being a better president because of this. the republican party wasn't always opposed to stimulus, they became absolutely opposed when obama became president. even under bush they were approving stimulus. if you accept that approach, if mitt romney gets in there maybe that opposition to stimulus relaxes in a way that it won't if obama gets a second term. >> great segu...