Budget cuts known as sequester aren’t unprecedented, experts say. But their timing and indiscriminate nature are worrying.

Although Congress has avoided several fiscal deadlines in the eleventh-hour in the last few months, many political analysts are not optimistic a sequester deal will be struck.

As the government gets closer to the sequester deadline, the warnings about what the federal budget cuts would mean are getting louder.

The president gave interviews Wednesday to eight local TV stations in markets with a lot at stake in the fight over the across the board budget cuts.

Biomedical engineer worries about the future of her research amid the sequester threat.

Wealthy, poor and in-between residents tell us how shrinking government would affect their personal finances

The governor of California discusses state budgets and California's fiscal prospects heading into 2013.

Emory University students took over a hallway in an administration building yesterday to protest a reorganization announced at the Atlanta private college that will close several departments and degree programs.

Today the government of Spain is expected to lay out yet another new budget with even more cuts in it.

California Gov. Jerry Brown talks about his plan to balance the state's budget. Currently, California is facing a deficit of close to $16 billion.