Billions of dollars in automatic across-the-board spending cuts could take place on March 1 unless President Obama and Congress do something about it. Watch CNN.com Live for continuing coverage on this story.
Today's programming highlights...
11:00 am ET - Kerry speaks at university - Secretary of State John Kerry makes his first major public address since taking over the post. The remarks will be made on the campus of the University of Virginia in Charlottesville.
12:30 pm ET - Jodi Arias murder trial - Jodi Arias is expected to return to the witness stand at her murder trial in Arizona. She's accused of killing her ex-boyfriend, Travis Alexander, in 2008.
12:30 pm ET - White House briefing - The threat of forced spending cuts will likely dominate Press Secretary Jay Carney's briefing with the White House press corps.
1:30 pm ET - Medal of Valor ceremony - Vice President Biden and Attorney General Eric Holder will award the Medal of Valor to public safety officers who exhibited exceptional courage in the attempt to protect others from harm.
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