The U.S. Air Force will pay Gulfstream nearly $50 million to maintain its C-37 executive jets, in a contract announced the day before the federal budget was set to absorb $85 billion in automatic spending cuts.
With Detroit deep in the red, Michigan Gov. Rick Snyder has announced that the state will take over the city's finances, cut existing labor contracts and sell city assets. The business community and some residents applaud the move, but others fear a greater decline in already faltering city services.
More than 2 feet of snow hit the high plains this week, snarling travel and all but shutting down some cities. Despite those hassles, for farmers and ranchers, the snow brings some urgently needed moisture to their drought-stricken fields and pastures.
Questions have swirled this week about the sexuality of NFL prospect and Internet hoax victim Manti Te'o. Audie Cornish talks with sportswriter Stefan Fatsis about the controversy around Te'o and how other professional sports have reacted to gay players in the locker room.
Across-the-board spending cuts are set to go into effect on Friday. But the sequestration will be more like a long slope than a cliff. Pentagon officials don't expect serious cuts — like furloughs and lost flying time — to kick in for at least two months.
The long-feared automatic spending cuts are set to start late Friday, and now Congress must deal with another deadline at the end of this month. Tamara Keith talks to Melissa Block about what happens next.
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