The "Sequester" would hit bi-state area hard
Besides the pain of deep defense cuts which could lay off some 8,000 defense workers, Missouri could lose nearly $12 million in education funding.
In Illinois, the defense cuts would furlough more than 14,000 defense department employees and cut more than $30 million from education.
Democrats have proposed a combination of tax increases and spending cuts, including a tax on income above $1 million and eliminating tax breaks for oil companies.
Republicans have said they will only consider spending cuts.
Democratic Congressman Bill Enyart of Belleville, told the St. Louis Post-Dispatch that the defense cuts would hit the area hard because of the importance of Scott Air Force Base and other military installations to the local economy.
Illinois Republican Representative John Shimkus told KSDK-TV that he doesn't believe a deal will be reached before the deadline.
White House presses ahead on immigration overhaul
That draft, according to USA Today, would create a visa for the estimated 11 million illegal immigrants in the United States and allow them to become legal permanent residents within eight years.
Obama aide Denis McDonough tells ABC's "This Week" that the White House is working with a bipartisan group of senators.
GOP Sen. Marco Rubio of Florida says if such a measure was proposed, it would be "dead on arrival" in Congress.
McDonough says "let's make sure that it doesn't have to be proposed" because the White House and Congress are able to work out a deal.
SOCIAL SECURITY HEAD: PROGRAM FRAYING FROM NEGLECT
Instead of making the hard choices to fix Social Security's financial problems, policymakers "use it as a tool of political rhetoric," Astrue said.
Astrue, 56, has headed the federal government's largest program since 2006 — he was nominated by former President George W. Bush. By law, Social Security commissioners serve six-year terms, so President Barack Obama will now have the opportunity to choose his own nominee, who must be approved by the Senate. Astrue's last day on the job was Wednesday.
The trustees who oversee Social Security say the program's trust funds will run dry in 2033, leaving Social Security with only enough revenue to pay about 75 percent of benefits. Already the program is paying out more in benefits than it collects in payroll taxes.
As commissioner, Astrue served as a trustee. He regularly urged Congress to address Social Security's long-term financial problems but refrained from publicly weighing in on various options to cut benefits or raise taxes — until now.
In an interview with The Associated Press, Astrue said benefit cuts and tax increases are inevitable — despite fierce opposition to both. Yet he questions whether Congress is up to the task.
Lawmakers to get drone report before CIA hearing
The White House counterterrorism chief, John Brennan, is Obama's nominee to run the nation's spy agency. He helped manage the deadly drone program.
Brennan's confirmation hearing today sets the stage for a public airing of some of the most controversial programs in the covert war on al-Qaida, from the deadly drone strikes to the CIA's use of interrogation techniques like waterboarding during the George W. Bush administration.
The Senate committee's chairman, Democratic Sen. Dianne Feinstein, said the secret legal opinion about drone strikes would be provided to her committee by this morning.
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