Spending Cuts

A box for job seekers to leave resumes sits on a table. (credit: Justin Sullivan/Getty Images, FILE)

Unemployment Benefits To Be Cut Due To Sequester

Weekly benefits are currently $330 on average in Conn. But starting in June, the checks will come in at $265.

2013/05/23

Cuomo: Sequester Already Creating ‘Anxiety’ For New Yorkers

However, Cuomo noted the cuts likely won’t have an overall big impact on the way the state government operates.

2013/03/03

Blame Game Continues As Sequester Takes Hold

The automatic across-the-board spending cuts took effect Friday after neither side could reach a deal to avoid the sequester and President Obama signed the order.

2013/03/03

President Barack Obama (credit: Chip Somodevilla/Getty Images)

‘Fiscal Cliff’ Deal Reached With GOP Senate Leaders

The White House has reached an agreement with Senate Republican leaders on a deal prevent the “fiscal cliff,” CBS News has learned.

2012/12/31

U.S. Capitol - Washington, DC - Aug 1, 2011 (credit: Mark Wilson/Getty Images)

No Fiscal Cliff Deal In Sight Sunday Night On Capitol Hill

A deal on Capitol Hill to avert the so-called fiscal cliff was proving elusive Sunday, as a deadline to avert tax hikes on virtually every American worker and block sweeping spending cuts set to strike the Pentagon and other federal agencies grew perilously near.

2012/12/30

Obama (credit: JIM WATSON/AFP/Getty Images); Boehner (credit: Chip Somodevilla/Getty Images)

Spending Cuts Remain Major Sticking Point In ‘Fiscal Cliff’ Negotiations

The fact is it won’t be a merry Christmas if there is no deal on the so-called fiscal cliff, because without a compromise tax hikes and across-the-board spending cuts kick in.

2012/12/13