LISBON (Reuters) - Portugal's lenders will this week scrutinize new spending cuts outlined by the austerity-minded government on Friday to meet the country's bailout targets, the finance ministry said on Monday. Full story
The longer the sequester is in effect, the more we’re learning that it’s not quite the fiscal straightjacket that it might have appeared to be at first. Despite being billed as automatic spending cuts, the sequester is not an unalterable doomsday machine.And i … Full story
CNBC's John Harwood provides a preview of President Obama's budget, due out next week, which could include tax hikes as well as spending cuts.
In Washington, widespread automatic spending cuts hit home Saturday, when White House tours were cancelled until further notice. NBC’s Kristen Welker has the latest on the budget battle.
Steven Rattner, former US Treasury Auto Advisor, discusses how automatic spending cuts will impact the economy.
How will changes in the tax law and automatic spending cuts impact the municipal bond markets? Peter Hayes, Blackrock, discusses the impact of sequestration on bondholders.
Gary Gensler, Chairman of the Commodity Futures Trading Commission, explains what enforcement actions the CFTC has put on the shelf because of cuts.
The US Capitol in Washington, DC, is seen February 28, 2013. Two competing bills aimed at averting huge spending cuts failed February 28, 2013 in the US Senate, virtually assuring that the USD 85 billion in indiscriminate, across-the-board cuts known as the sequester will kick in after the March 1,
President Barack Obama calls on Congress to pass a small package of spending cuts and tax reforms that would delay the larger, automatic "sequester" cuts from going into effect during an announcement in the White House briefing room, Feb. 5, 2013.
A protestor wears a hand-made cap reading "No to the privatization" during a demonstration against the regional government's spending cuts, job cuts, and privatization of the public health sector in central Madrid November 27, 2012. REUTERS/Sergio Perez (SPAIN - Tags: HEALTH CIVIL UNREST POLITICS
Protestors hold banners reading "For sale your health" during a demonstration against the regional government's spending cuts, job cuts, and privatization of the public health sector in central Madrid November 27, 2012. REUTERS/Sergio Perez (SPAIN - Tags: HEALTH CIVIL UNREST POLITICS BUSINESS)