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Pentagon warns of tough trade-offs in face of looming cuts

WASHINGTON (Reuters) - Defense Secretary Chuck Hagel on Wednesday outlined the stark choices facing the Pentagon if it keeps cutting $100 billion in spending annually over the next decade, including shrinking the size of the military, curbing pay and benefits, and reducing weapons programs.Full story

Republican effort to push through deep spending cuts fails

WASHINGTON (Reuters) - The House of Representatives halted consideration of a $44 billion transportation and housing spending bill due to lack of support, signaling that the majority Republicans are unable to push through deep spending cuts to domestic agencies, lawmakers said on Wednesday. Full story

Uncle Sam a tougher customer for small businesses

Uncle Sam isn't as easy a customer to land as he used to be. Full story

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Articles

Army competition switches to video for interviews

Booz Allen reports higher fiscal 1st-qtr profit

Council Questions if Marion Mayor Can Keep City Afloat Financially (VIDEO)

What, me worry? Congress stalls as government heads to shutdown

New Hiring Initiative to Help Furloughed Arsenal Workers

Riverbed guides below estimates on federal spending worries

Genworth 2Q profit rises, helped by mortgage unit

Commanders: Budget cuts could erode nuke arsenal

Senate panel approves 2014 defense spending bill

AP Sources: Pentagon Likely To Cut Furlough Days

Video

  Obama offers deal to boost jobs

Tuesday while speaking in Tennessee, President Obama outlined a proposal to cut corporate taxes in return for increased spending to create jobs. NBC’s Peter Alexander has more on the story and Business Insider’s Josh Barro joins The Cycle with his reaction to the speech.

  Obama proposes new ‘grand bargain’ for middle class jobs

President Barack Obama spoke on jobs and the economy from an Amazon Warehouse in Chattanooga, Tenn. Joining MSNBC’s Tamron Hall to discuss are Michael Fletcher from The Washington Post, Politico’s Carrie Budoff Brown, and NBC’s Domenico Montanaro and Peter Alexander.

  Will GOP be receptive to Obama’s jobs ‘bargain’?

Sen. Bob Corker, R-Tenn., joins The Daily Rundown’s Chuck Todd to talk about the president’s grand bargain proposal.

  Obama ready to battle for economic fairness

Economist Jared Bernstein joins Rev. Al Sharpton to discuss how President Barack Obama is fighting for policies that will help middle class and poorer Americans do better, and why the GOP’s habit of fighting him on it won't.

  CBO says ending spending cuts would significantly boost economy

The Huffington Post’s Sam Stein and Mother Jones’ David Corn join MSNBC’s Hardball with more details.

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Brazil's Planning Minister Miriam Belchior speaks during a news conference in Brasilia
Brazil's Planning Minister Miriam Belchior speaks during a news conference in Brasilia

Brazil's Planning Minister Miriam Belchior speaks during a news conference in Brasilia, July 22, 2013. Belchior and Finance Minister Guido Mantega announced a budget cut of close to $5 billion in public spending for the rest of 2013. REUTERS/Fabio Rodrigues-Pozzebom (BRAZIL - Tags: BUSINESS POLITIC

Health workers take part in a protest, in front of Madrid's famous landmark Alcala Gate, against the local government's plan to cut public healthcare spending in Madrid
Health workers take part in a protest, in front of Madrid's famous landmark Alcala Gate, against the local government's plan to cut public healthcare spending in Madrid

Health workers take part in a protest, in front of Madrid's famous landmark Alcala Gate, against the local government's plan to cut public healthcare spending in Madrid July 21, 2013. The banner reads : "No to budget cuts and privatizations, Yes to public health system and services". REUTERS/Juan Me

A health worker sits on a banner, that reads "no to budget cuts and privatizations, Yes to public health system and services", during a protest against the local government's plan to cut public healthcare spending in Madrid
A health worker sits on a banner, that reads "no to budget cuts and privatizations, Yes to public health system and services", during a protest against the local government's plan to cut public healthcare spending in Madrid

A health worker sits on a banner, that reads "no to budget cuts and privatizations, Yes to public health system and services", during a protest against the local government's plan to cut public healthcare spending in Madrid July 21, 2013. REUTERS/Juan Medina (SPAIN - Tags: HEALTH CIVIL UNREST SOCIET

Former French Ecology and Energy Minister Delphine Batho leaves after a news conference in Paris
Former French Ecology and Energy Minister Delphine Batho leaves after a news conference in Paris

Former French Ecology and Energy Minister Delphine Batho leaves after a news conference in Paris, July 4, 2013. Batho was dismissed on Tuesday after she publicly criticised cuts to her ministry's budget for 2014. REUTERS/Benoit Tessier (FRANCE - Tags: POLITICS)