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Obama calls for replacing sequester with balanced approach

US President Barack Obama urged Congress Saturday to replace automatic across-the-board spending cuts known as the sequester with what he called “a balanced approach,” which combines “smart” cuts with reforms. The appeal came the day after the president, complying with the law, signed an order bringing arbitrary cuts worth $85…

Jon Stewart on the sequester: Students will have to get jobs feeding sick children to old people

On his show Monday night, The Daily Show host Jon Stewart observed the United States seemed doomed when it came to looming across-the-board budget cuts known as the sequester. After reviewing a list of federal programs that would be cut, Stewart donned a hazmat suit and in a panic warned,…