A new report shows only one job lost due to the sequestration cuts that took effect last year, despite the doomsday predictions by the White House and Democrats in Congress. The Government Accountability Office report looked at the effects of sequestration cuts across 23 federal agencies.
President Obama's upcoming trip to Africa will reportedly cost $60-$100 million, prompting CBS' Bob Schieffer to ask White House Chief of Staff Denis McDonough whether this is the best use of taxpayer money given the fact that federal government jobs are being cut as part of the sequester. Bill Hemmer asked Rich Lowry and Kirsten Powers about Schieffer's question.
Some federal workers furloughed as part of the sequester are now applying for unemployment benefits.
Despite the sequester, the federal government is still hiring! They posted a whopping 27,000 job openings, some with pretty fat pay checks. The median salary for the openings tops out at $76,000 a year.