Obama warns of harm to economy from automatic cuts

02/19/2013 | USA Today · NBC News · Washington Post, The

Thousands of jobs and the U.S. economy will be put in danger if budget sequestration takes effect March 1, imposing $85 billion in spending cuts, President Barack Obama says. He appealed to Republican lawmakers to back a debt-reduction plan that relies on a combination of revenues from eliminating tax breaks for the wealthy and a spending reduction. Republicans said Obama was merely trying to shift the blame for the sequester.

View Full Article in:

USA Today · NBC News · Washington Post, The

Published in Briefs: