Page 45 - The Sequester News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Months. retail was down 24,000. possibly because of seasonal factors but also, likely because consumers now have less take home pay to spend with payroll taxes rising this year. construction added 18,000 jobs, much less than the 50,000 it added in february. now, despite this weakness as you said the unemployment rate dropped down to 7.6%. but that was mainly because half a million people left the labor force in march. economists say this report means that the federal reserve will keep low interest rates and other stimulus measures running at full throttle. jon. >> jon jorn what about the budge...

Continue to afford to treat patients and stay in business. so what is this going to mean? well, patients are already being turned away. and some of them will then have to seek treatment at hospitals. and as we know that is much more expensive. one study, suzanne, shows it will cost about $6,500 more a year for a patient to be treated at a hospital instead of a clinic, suzanne. >> so what should these patients do? i mean it really sounds like this is a very difficult situation they're in. >> well, i should mention this also that there is another issue which is, will these hospitals even be able...

This may even spread to cable hosts at some point. >> no, it won't. >> maybe radio show hosts. maybe that? washington show columnists? >> in public radio, you could be get much lower. >> so matt, let's start from the beginning. the sequester was a strategic misstep for the president. unemployment is still uncomfortably high. income and equality is widening and the president is still insisting that spending more money and raising taxes on millionaires is going to solve a lot of our fiscal problems. now this week he's asking banks to issue more home loans to risky borrowers. people with risky cr...

Secretary hagel and his deputy announced they'll each give up a portion of their salary this year. they'll return a portion of their salary to the federal treasury because of all the pentagon workers having to take unpaid furlough days thanks to the sequester. that announcement came first, but after president obama said today he's going to do the same thing. quote, the president has decided that to share in the sacrifice being made by public servants across the federal government affected by the sequester, he'll contribute a portion of his salary back to the treasury. president obama is giving...

Employees a job. the move is getting symbolic. it's getting followers. a democrat senator is taking a pay cut and forcing furloughs of his own staff though he's not required to do so. claire mccaskill is going to do some of the same. some critics want all of congress to take a cut. if they were to do that, we ask how many furloughs does it save? >> standard pay for congress members is $174,000. if they cut their pay 20%. that would save 1300 employees from having to take a furlough, a small fraction of the hundreds of thousands hit by the sequester. if they give a 20% of their net worth? on av...