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FINANCIAL TROUBLE Sequester Votes Expected to Fail Mark Wilson/Getty

Sequester Votes Expected to Fail

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. 

February 27, 2013 11:05 PM