Leaders in both parties say the sequestration cuts would be calamitous for the economy and national security. But instead of reaching an agreement to avert the cuts, President Barack Obama, Republicans and Democrats in Washington focused more onThe sequester kicked in on March 1. This is the $85 billion worth of Federal budget cuts that will ripple through the economy. The folks at Saturday Night Live tackled this issue in its cold open. Check it out:The sequester likely won't be the doomsday scenario that some had predicted, as the cuts will kick in gradually, but there is public frustration at Washington for not doing more, sooner. NBC's Kristen Welker reports. By Berenice Garcia and SofiaThe sequester kicked in on March 1. This is the $85 billion worth of Federal budget cuts that will ripple through the economy. The folks at Saturday Night Live tackled this issue in its cold open. Check it out:The military didn't lurch to a stop on Friday, but the onset of sequestration has already begun to gum up the works in the Pentagon, Defense officials warned — threatening popular programs and national security readiness
Related External LinksObama economic adviser: Using the sequester to cut benefits was ...SNL's Addresses Sequester With 'YMCA' - Business InsiderNavy responds to sequester with cuts |WAVY.com| Hampton
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