Government officials eye massive cutbacks
Sequestration cuts get implemented March 1 if Congress doesn’t act
POSTED: 04:50 PM PST Feb 18, 2013
UPDATED: 06:22 AM PST Feb 19, 2013
Unless Congress acts by March 1, $85 billion in massive spending cuts will kick in automatically. Two million federal workers face furloughs, and one way or another, the impact may be felt by most Americans.
