The sequestration cuts are being felt, and Congress is rolling back some of the bill they passed earlier this year. Nancy Cook, economic and fiscal policy correspondent for National Journal, talks about the latest news from Washington, including the congressional response to sequestration-induced flight delays.
Obama and Boehner continue to square off over long-term deficits, while Congress tries to come up with a budget. Nancy Cook, budget and tax correspondent for the National Journal, discusses Democrat Patty Murray and Republican Paul Ryan's dueling plans. Plus: After CPAC, the RNC has released a "Growth and Opportunity Plan" (read it below) that includes a call for immigration reform, a shorter primary season, and a turn to "data-driven" campaigning. Will it jumpstart a GOP turnaround?
Both Democrats and Republicans seem to be getting more comfortable with the automatic cuts known as "sequestration," set to kick in on March 1st. But outgoing Defense Secretary Leon Panetta says the cuts to the military budget would be "shameful and irresponsible." Nancy Cook, budget and tax correspondent for the National Journal, discusses the impending cuts, from social security to defense spending, and the political jockeying taking place in DC.