Sequestration Set News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Context and he's unjustifiable maligned. >> i heard that from the white house as well. we're writing what bob woodward's position was and white house went on the record saying what their position was on it. it's an interesting piece of intrigue. it's interesting more about the origin of sequestration. i think the reason woodward is under the white house's skin is that his reporting does show that sequestration set to hit tomorrow, one of the silliest ideas that washington has come up with in a decade that it -- >> what's it being called now? what's it being called again? i said birthday cake. ...

Williams. he is a fox news political analyst. what is going on hine closed doors? is this a little arm-twisting by the white house? what is this exactly, juan? >> it is arm-twisting, jon because right now the president is trying to get democrats in line for an alternative plan for spending cuts and some tax hikes that would avoid the sequestration set to hit march 1st. the idea here, jon, is that the economy is pretty fragile. we know from the end of last year when defense cuts took effect it had the effect much dragging down the economy during that last quarter. so the president wants to avoi...

The new changes are not addressed to budget cuts set to take part at the start of the year they are a response to lower defense spending here in the u.s. that spending will go even lower. the military is prepping for $55 billion in automatic cuts known as sequestration set for january. >> good news now. home prices hitting a high. >> the trend is our friend here. a report out in the early of the week confirming the housing market. unemployment rose 5 percent in september compared to last september. that is the biggest annual gain in 6 years. rising prices are good because they encourage folks ...

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