$85 billion in automatic across-the-board spending cuts became law last week, as President Obama and Congress struggle to find a solution to the crisis. Watch CNN.com Live for continuing coverage on this story.
Today's programming highlights...
10:00 am ET - North Korea policy hearing - As North Korea makes new threats amid possible U.N. sanctions over its nuclear ambitions, the Senate Foreign Relations Committee meets to discuss existing U.S. policy toward Pyongyang.
10:30 am ET - Pelosi weekly briefing - The battle over government funding and spending cuts will likely take center stage as House Minority Leader Nancy Pelosi holds her weekly briefing with reporters. House Speaker John Boehner holds a similar briefing at 11:15 am ET.
12:00 pm ET - White House briefing - The spending fight will also top the agenda of Press Secretary Jay Carney's briefing with White House reporters.
1:00 pm ET - Jodi Arias murder trial - Jodi Arias will continue to answer juror questions at her murder trial in Arizona. She is accused of killing her ex-boyfriend, Travis Alexander, in 2008.
2:30 pm ET - Cybersecurity hearing - What can the federal government and private sector do to strengthen America's cybersecurity? That's the focus of a joint Senate committee hearing.
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