Austerity Arrives With SequestrationSequestration day has arrived in Washington, D.C. and by 11:59 Friday night, the White House will be forced to order across-the-board, indiscriminate budget cuts in European-style austerity that could plunge the United States back into recession.

More From CBS Miami

What Are People Talking About?
Weather Forecast 24/7Check for current temps and what to expect throughout the day
Get Your Daily DoseHere's some good news just for you.

Watch & Listen LIVE