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In budget fight, sky is falling again

President Barack Obama and his officials are doing their best to drum up public concern over the shock wave of spending cuts that could strike the government in just days. So it's a good time to be alert for sky-is-falling hype.

By Calvin Woodward | Updated on February 26, 2013
In this Dec. 29, 1995, file photo President Clinton meets with Senate Majority Leader Bob Dole of Kansas, right, and House Speaker Newt Gingrich, second from left, at the White House. (AP Photo/Wilfredo Lee, File)

WASHINGTON (AP) — President Barack Obama and his officials are doing their best to drum up public concern over the shock wave of spending cuts that could strike the government in just days. So it’s a good time to be alert for sky-is-falling hype.

Over the last week or so, administration officials have come forward with a grim compendium of jobs to be lost, services to be denied or delayed, military defenses to be let down and important operations to be disrupted. Obama’s new chief of staff, Denis McDonough, spoke of a “devastating list of horribles.”

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