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Tune in at 4 am ET: See latest developments on South Korean ferry
March 8th, 2013
07:07 AM ET

One week after forced spending cuts: What happened...and what didn't – John Berman reports

The United States is officially one week into the forced spending cuts today. These cuts are a result of the budget battle-ax that many predicted would lead to radical change, eventually. John Berman weighs what happened, and what didn't.

Seven days into the sequester, we have seen "no massive government budget implosion," Berman says. Although the apocalyptic message leaders seemed to send hasn't yet come to pass, changes could become apparent as soon as April. "With no congressional White House cooperation, cuts are coming. Big ones. And soon," Berman says.

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Filed under: Defense • Sequester • Spending • Spending cuts • Washington • White House
March 1st, 2013
07:06 AM ET

Rep. Cassidy: Obama needs to lead on looming forced spending cuts

Rep. Bill Cassidy (R-La.) on the chances of a last-minute deal to avoid forced massive spending cuts.

[MORE TO COME]

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Filed under: Forced spending cuts • Sequester