Posted at: 02/27/2013 7:16 AM
No Signs of Budget Deal at Nation's Capitol
WASHINGTON (AP) - There are no signs that President Barack Obama and congressional Republicans are close to a budget deal just two days before $85 billion in cuts are set to hit federal programs.
Mark Zandi, chief economist at Moody's Analytics, says the cuts to start Friday are "haphazard," and affect "good programs and bad."
(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)