The cuts would be triggered if targets were not met.
OVERSIGHT - ALL ARTICLES
Dems say statements represent significant shift in effort at deficit reduction.
A listing of legislators' stances on raising the government's debt limit.
The F-35 Joint Strike Fighter program has been formally terminated, agency says.
Study does not fault BP as much as previous reports.
It's not clear yet when a group of lawmakers, led by Vice President Joe Biden, will unveil its plan, or how it will figure into the legislative process.
News came after National Transportation Safety Board said it would investigate aborted landing of plane carrying Michelle Obama.
Proposed executive order would require contractors to list political spending to agency procurement officials.
The information will be used to monitor progress in reducing average hiring time, OPM says.
Pentagon has begun a review of all spending, officials say.