What happens if there is no budget deal?

With less than two weeks until a March 1 deadline, both President Barack Obama and Congressional leaders are speaking out on the ramifications of possible sequestration.

The sequester, which is another word for forced across-the-board spending cuts, will cut $85 billion from the country's budget, and with that will a number of layoffs for Americans.

While some federal assistance programs will be protected, a most federal agencies will be forced to make cuts. 

Chief National Correspondent John King has more in the above special report.

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Alabama (change)

 
Known as the “Heart of Dixie,” Alabama has a population of over 4.6 million residents. Montgomery is the capital city. Other major cities include Birmingham, Mobile, and Huntsville.
 
Offices & Officials

Governor: Robert Bentley
Lieutenant Governor: Kay Ivey
Attorney General: Luther Strange
State Treasurer: Young Boozer
Secretary of State: Beth Chapman

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