Politico and The Washington Post report that four agencies will be virtually closed today because of sequester-related furloughs.

The Buffett Rule is dominating headlines in Washington this week. On one side, we see the president using this issue to score political points against his very wealthy opponent and on the other, we see Republicans slamming the president for using ‘class warfare’ as a tool to get ahead in the polls. And all I have to say to that is, what a waste.

Republicans on the supercommittee submitted a proposal to save $2.2 trillion over 10 years.

The president unveiled his deficit reduction plan yesterday. In Washington, politicians of all stripes have reacted to the plan.