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.
After a one-two punch of snowstorms, we're left with bitter cold. Even with plenty of sunshine today, look for highs only around 30-degrees. West winds 5-10 mph with feels like temperatures in the teens. Bundle up and watch for icy patches on roads and sidewalks.
The cold stays with us for a few more days.
Then, we start tracking another potentially messy wnitry storm, set to arrive on Saturday.