| 11:21 EDT |  | LLL, LMIA, BAESY, FLIR, NOC, COL, LMT, GD, BA, RTN | McConnell says sequester will happen, The Hill reports Automatic spending cuts, known as the sequester, will go into effect on March 1, Republican Senate Minority Leader Mitch McConnell said, according to The Hill. McConnell added that he wasn't interested in holding last minute talks to avert the sequester, the website noted. Reference Link |