Sequester Spending Cuts
In his 12th and final year as mayor, Michael Bloomberg will have to pull a rabbit out of a hat to find a way to celebrate Fleet Week without the fleet.
They just couldn’t get anything done. A high-stakes meeting at the White House to avoid the next fiscal cliff at midnight ended with no deal, but instead another round of the blame game.
There was more squabbling in Washington on Thursday as the nation prepared to go over the latest fiscal cliff — $85 billion in budget cuts.
The feds are keeping a tight lid on the details of the inmate release, saying only that there are “hundreds” nationwide, and that they are “non-criminals and other low risk offenders.”
President Barack Obama has issued a travel warning to the flying public: If the government goes over the latest fiscal cliff, expect major delays at airports, especially those in the busy Tri-State Area.
Just eight days remain before we could go over the next fiscal cliff in Washington, and CBS 2 has learned that in New York alone the job losses would be widespread, and painful.
President Barack Obama has a warning for everyone: people will lose their jobs if Congress does not step in and stop automatic spending cuts.