Obama complied with his legal obligations and initiated the automatic, across-the-board cuts in domestic and defense spending, following the failure of efforts to clinch a deal with Republicans on cutting the deficit.
Saturday, March 2, 2013
Obama orders $85 billion in budget cuts
March 2, 2013
AFP - President Barack Obama has ordered $85 billion in budget cuts that could slow the US economy and slash jobs, after blaming Republicans for refusing to stop the "dumb" spending cuts.
Obama complied with his legal obligations and initiated the automatic, across-the-board cuts in domestic and defense spending, following the failure of efforts to clinch a deal with Republicans on cutting the deficit.
Obama complied with his legal obligations and initiated the automatic, across-the-board cuts in domestic and defense spending, following the failure of efforts to clinch a deal with Republicans on cutting the deficit.
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