Automatic cuts set to take effect today will pinch U.S. government functions as the country enters a more austere era that could push discretionary spending as a share of the economy to its lowest level in at least 50 years.
June 28 (Bloomberg) -- U.S. Senator Ben Cardin, a Maryland Democrat, talks about the Supreme Court's ruling upholding the core of President Barack Obama's health-care overhaul. He speaks with Peter Cook on Bloomberg Television's "Market Makers." (Source: Bloomberg)