Lawmakers have until Friday to reach a deal that would avoid billions of dollars in automatic budget cuts to federal programs.
If the two sides can't reach a deal by March 1, $85 billion in cuts will go into effect to government programs, such as the defense, education and transportation departments.
But just how much of the sequester will impact you?
Financial expert Elliott Miller visited FOX 29 News at 5 p.m. to discuss just who would feel the pain if a deal can't be reached.
You can watch his interview with FOX 29's Joyce Evans in the video above.
Thursday weather looks damp and stormy. It will be mild and muggy to start with spotty showers early followed by afternoon and evening storms. Highs in the upper 70s with winds out of the SW 5-10 mph. Some of the storms will produce locally heavy rain and gusty winds.
This system is from the same cold front that caused the midwest tornadoes. It will also usher in cooler air for the holiday weekend.