Congress Faces Sequester Cuts as Dollars Disappear
March 1 (Bloomberg) -- Bloomberg's Peter Cook reports on what $85 billion in U.S. federal spending cuts means for Congress. Bloomberg Government estimates that removing 5.3 percent of Congress's budget would account for about one-quarter of one percent of the entire fiscal year 2013 sequester, or $234 million. (Source: Bloomberg)
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Joseph Quinlan: Politics a Wall of Worry for U.S.
08:38 - Joseph Quinlan, chief market strategist at U.S. Trust and global wealth and investment management head of market and thematic strategy at Bank of America, talks about the influence of politics on the U.S. economy and markets and looks at the status of the United States as a safe haven. He speaks on "Bloomberg Surveillance." (Source: Bloomberg)