Budget
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Sequestration 2013: Gridlock: No budging at the budget-cuts deadline, Obama signs order
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Gridlocked once more, President Barack Obama and Republican congressional leaders refused to budge in their budget standoff Friday. The president formally enacted the reductions a few hours before the midnight deadline required by law.
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Financial emergency declared in Detroit
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Gov. Rick Snyder said Friday he has declared a financial emergency in Detroit, a determination that could lead to the appointment of an emergency manager over the city's finances.
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Sequestration 2013: When does sequestration start, really?
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There's no doubt in anyone's mind about the date that sequestration is going to kick in. It's happening March 1. What time, though, remains kind of a mystery.
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Sequestration 2013: Barack Obama, Congressional leaders to meet Friday
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President Barack Obama will meet Friday with congressional leaders to discuss the looming budget cuts due to sequestration, an Associated Press source says.
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Sequestration 2013: White House details automatic budget cuts in Virginia, D.C., Maryland
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The White House began releasing lists for each state on Sunday of potential effects of automatic spending cuts set for Friday. Among the first to be detailed is Virginia, which would be deeply affected.
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Sequestration 2013: Maryland impact due to budget cuts
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On Sunday, the White House released state-by-state reports on the potential impact that sequestration would have on all 50 states and the District of Columbia. Here's the report on Maryland.
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O'Malley, McDonnell oppose automatic federal cuts
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The $85 billion in cuts that are scheduled to begin taking effect Friday would have a big impact on Maryland and Virginia due to proximity to the nation's capital.
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Sequestration 2013: Obama urges Congress to do 'right thing' on cuts
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Despite little sign of a deal emerging with Republicans, Obama says he does not believe it is inevitable that the $85 billion in across-the-board budget cuts will take effect.
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Getting your finances in order
CommentHeather Evans of Merrill Lynch Wealth Management sat down with Natasha and Melanie to talk about how to determine a budget and gett your finances in order for your wedding and long term goals.
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Sequestration would cause significant cuts to National Park Service
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Among the agencies that could see significant budget cuts is the National Park Service. It is taking sequestration very seriously and says the public should be prepared for reduced hours and services, and reduced hours of operations at popular spots.
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Budget cuts: White House seeks 'balanced way' to budget fix
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The new White House chief of staff says President Barack Obama is concerned about the effect the automatic budget cuts scheduled for next month will have on America's middle class.
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Obama asks Congress for short-term budget fix
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President Barack Obama is urging Congress to pass a smaller set of spending cuts and tax changes while they hash out a broader budget deal.
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Virginia budget big winners
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State workers, public educators and Virginia's disabled are big winners in House and Senate budgets advanced Sunday by the budget-writing committees of Virginia's General Assembly.
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Marion Barry says D.C. should spend some of surplus
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D.C. Councilmember Marion Barry says the city's finances are in good shape and some of the surplus should go toward job training, affordable housing and services for homeless people and needy families.
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$417 million D.C. budget surplus should be saved, mayor says
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District of Columbia officials are weighing how to handle an expected $417 million budget surplus from the 2012 fiscal year.
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D.C. reports $400 million surplus in 2012
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The Washington Examiner reports that adding another $400 million to the D.C. savings account would place the district among the top 10 in the nation, if it were a state.
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Pentagon furloughs could come en masse in April
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A top Pentagon official says that hundreds of thousands of civilian Pentagon employees could face major furloughs - perhaps as much as one day of work per week - if Congress doesn't avert major spending cuts by March 1.
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Board clears way for DC budget autonomy referendum
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The D.C. Board of Elections announced Tuesday that it will allow city residents to vote on a charter amendment that would let the city spend local tax dollars without approval by Congress.
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