1. FINANCIAL TROUBLE

    Sequester Votes Expected to Fail

    WASHINGTON, DC - FEBRUARY 26:  U.S. Senate Minority Leader Sen. Mitch McConnell (R-KY) (C) speaks to the media as (L-R) Sen. John Cornyn (R-TX), Sen. John Barrasso (R-WY), Sen. Jerry Moran (R-KS) and Sen. Roy Blunt (R-MO) listen after their weekly Senate Republican policy luncheon at the U.S. Capitol, February 26, 2013 in Washington, DC. The Republican leadership spoke about the GOP agenda and the possibility of sequestration and its economic impact.  (Photo by Mark Wilson/Getty Images)

    Mark Wilson/Getty

    With one day to go, the Senate is not expected to get the 60 votes needed to pass a Democrat-backed spending package, meaning cuts will likely go into effect Friday night. GOP leaders have offered a controversial plan to give the White House authority to implement the $85.3 billion in cuts for the fiscal year. It would give President Obama two weeks to bring a plan for the same level of cuts in order to avoid the indiscriminate sequester, but Republican lawmakers haven’t thrown support in for the plan. 

    Read it at Politico