`` The days of 11th hour negotiations are over . '' Congress is unlikely to act before automatic spending cuts begin in January 1 . The cuts will be phased in over time and will be changed later on . Democrats and Republicans are fighting each other instead of agreeing on alternatives .
Congress is unlikely to act before automatic spending cuts begin in January 1 . The cuts will be phased in over time and will be changed later on . Democrats and Republicans are fighting each other instead of agreeing on alternatives .