Sequester

Israel Waives US 'Iron Dome' Funding

Israel insists it should bear its share of the burden, lessen dependence on US aid.

US Federal Aviation Administration ordered shutdown of air-traffic control towers at 149 small airports due to budget constraints.

US companies are keeping more of their profits offshore, choosing overseas tax havens amid talks about closing tax loopholes

With severe spending cuts now etched into law, US President Barack Obama urged Congress Saturday to find a deficit-trimming alternative.

US officials released hundreds of detained immigrants to trim expenses ahead of massive automatic budget cuts due to take effect this week.

Federal Reserve Chairman Ben Bernanke warned that looming budget cuts could further slow growth.

Obama is increasing pressure on Republicans to agree on tax increases to avert $85 billion in automatic spending cuts.

Obama warned warring politicians it was time to start governing as Washington deals with another crisis threatening the fragile economy.

Obama accused Republicans of refusing to deal and painted a dire picture of the US economy if the automatic cuts take effect

Obama warned Congress that steep budget cuts would hurt the economy and threaten jobs.