Over the weekend the New York Times painted the $85 billion in budget cuts that will start kicking in Friday – known in Washington-speak as sequestration -- in dramatic terms, falsely heralding a new age of "government austerity" (since when?) and passing along stories of budget-cut fear-mongering from the state level.

Saturday's lead from Michael Cooper painted a White House-friendly horror story: "Fear of U.S. Cuts Grows In States Where Aid Flows – Recovery Seen At Risk – Wide Impact Looms on Jobs, Tax Revenue, and Schools."