The big headline from last night’s midterm elections is that Republicans walloped the Democrats, cashing in on enormous discontent about the state of the country to pick up seven Senate seats and wrest control of the chamber.
"Mitch McConnell"
President Obama proposes options to delay sequester
The across the board government spending cuts go into effect two weeks from Friday. This week President Barack Obama proposed a short term mix of spending cuts and tax increases to delay the sequester, but Republicans on Capitol Hill called it dead on arrival.