$85 billion in automatic across-the-board 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...
8:30 am ET - Menendez speaks at AIPAC - Embattled Sen. Robert Menendez returns to the public eye this morning as he addresses the American Israel Public Affairs Committee's policy conference in Washington.
$85 billion in automatic across-the-board 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...
10:15 am ET - Obama reveals OMB nomination - President Obama is expected to nominate the head of the Walmart Foundation to be the next director of the Office of Management and Budget.
President Barack Obama on Monday will nominate Gina McCarthy to be the next administrator of the Environmental Protection Agency and MIT physicist Ernest Moniz to lead the Energy Department, a White House official tells CNN's Jim Acosta.
Sylvia Mathews Burwell will be nominated Monday by President Barack Obama to be the director of the Office of Management and Budget, a senior Obama administration official said.
The 47-year-old Burwell - who served under President Bill Clinton, including as deputy director of the OMB - is currently the head of the Walmart Foundation, the retail chain's charitable organization.
FULL STORY
The president signed an order Friday required by law that set in motion $85 billion in automatic, government-wide cuts - cuts that both Democrats and Republicans said they didn't want, though they couldn't agree on how to prevent them.
The cuts amount to roughly 9% for a broad range of non-defense programs and 13% for the Pentagon over the rest of the current fiscal year, which ends on September 30.
They were included in a 2011 deal to raise the federal borrowing limit as an unacceptable outcome if Congress failed to agree on a comprehensive deficit reduction plan. That plan did not happen.
FULL STORY$85 billion in automatic spending cuts begin today 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...
The Jodi Arias trial resumes on Monday.
10:10 am ET - SpaceX launches cargo mission - SpaceX will attempt to launch its second official cargo supply mission to the International Space Station.
President Barack Obama faces a monumental choice today over whether to put the force of his office behind the idea that gays and lesbians have a constitutional right to marry.
Government sources say the Justice Department will by day's end articulate a legal position in the so-called Proposition 8 case, a ban by California voters over same-sex marriage that is now being challenged in the Supreme Court.
FULL STORY$85 billion in automatic across-the-board spending cuts will happen unless President Obama and Congress reach a deal by tomorrow. Watch CNN.com Live for continuing coverage on this story.
Today's programming highlights...
10:00 am ET - State of the U.S. economy hearing - The threat of forced budget cuts will likely be discussed when the Joint Economic Committee meets to discuss the health of the U.S. economy.
Congressional leaders have been invited to the White House on Friday, the day forced federal spending cuts are scheduled to start taking effect, according to a senior Republican aide.
The aide told CNN that Republicans do not anticipate the meeting to be anything more than optics – an effort, the aide said, by President Barack Obama to show he is at least talking to Congress on the day the cuts are supposed to kick in.
But the aide added it wasn't clear what was on the president's agenda.
FULL STORY$85 billion in automatic across-the-board spending cuts will take place if President Obama and Congress can't reach a deal by March 1. Watch CNN.com Live for continuing coverage on this story.
Today's programming highlights...
10:00 am ET - Assault weapons ban legislation briefing - The Senate Judiciary Committee holds a hearing on proposed legislation that, if signed into law, would ban the sale and manufacturing of dozens of firearms.
$85 billion in automatic across-the-board cuts will happen unless President Obama and Congress come to an agreement by March 1. Watch CNN.com Live for continuing coverage on this story.
Today's programming highlights...
10:00 am ET - Ben Bernanke on Capitol Hill - Federal Reserve Chairman Ben Bernanke is slated to discuss the economy and U.S. monetary policy before a Senate committee today, but he may also discuss the threat of forced spending cuts.
In another plea for congressional action, President Barack Obama on Saturday warned of the pitfalls should a series of automatic, across-the-board spending cuts go into effect late next week.
The president faulted Republicans for not acting and urged lawmakers to avert the crisis by drawing up a deficit-reduction plan that has both spending cuts and revenue.
FULL STORY$85 billion in automatic across-the-board spending cuts could happen if President Obama and Congress don't reach a deal by March 1. Watch CNN.com Live for continuing coverage on this story.
Today's programming highlights...
The Jodi Arias murder trial is in recess until Monday.
11:20 am ET - White House briefing - Spending cuts, immigration and gun control will likely dominate Press Secretary Jay Carney's briefing with the White House press corps.
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.
President Obama and Congress look to avert $85 billion in automatic across-the-board spending cuts scheduled for March 1. Watch CNN.com Live for continuing coverage of the sequestration crisis.
Today's programming highlights...
10:45 am ET - Obama's sequestration warning - President Obama will ask Congress to work with him to avoid the March 1 spending cuts in remarks from Washington.
President Obama and Congress look to avert $85 billion in automatic across-the-board spending cuts scheduled for March 1. Watch CNN.com Live for continuing coverage of the sequestration crisis.
Today's programming highlights...
10:00 am ET - U.S. drone aircraft hearing - A House science subcommittee holds a hearing on the use of unmanned aircraft over U.S. airspace.
President Obama and Congress look to avert $85 billion in automatic across-the-board spending cuts scheduled for March 1. Watch CNN.com Live for continuing coverage of the sequestration crisis.
Today's programming highlights...
10:00 am ET - Sequestration threat hearing - Three Cabinet secretaries and others will testify before a Senate committee on how the threatened spending cuts would affect their departments.
Afghan President Hamid Karzai welcomed President Obama's announcement of a major troop withdrawal, saying "this is something Afghanistan has wanted for so long now."
The pullout, announced at the State of the Union on Tuesday, will help ensure "peace and full security," according to a statement released by Karzai's office Wednesday.
The United States will draw down 34,000 troops currently stationed in Afghanistan in a year's time, Obama said in his State of the Union address Tuesday night. The current number stands at 66,000.
President Obama and Congress look to avert $85 billion in automatic across-the-board spending cuts scheduled for March 1. Watch CNN.com Live for continuing coverage of the sequestration crisis.
Today's programming highlights...
10:00 am ET - Postal Service crisis hearing - The U.S. Postal Service is ending most Saturday delivery amid concerns that its time is running short. Can the USPS be saved? The House Government Affairs Committee looks into the matter.
President Obama will deliver his fourth State of the Union address before Congress tonight. Watch CNN.com Live for all of your political coverage.
Today's programming highlights...
Ongoing coverage: North Korea's nuclear test
9:30 am ET - Military sequestration hearing - What would threatened across-the-board budget cuts mean for the U.S. military and national defense? Top Pentagon and military officials discuss the matter before the Senate Armed Services Committee.
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