Speaking to business executives, President Obama said automatic budget cuts caused by the sequester would be a "tumble downward" for the economy. However, he said many Americans might not feel the impact immediately. (Feb. 27)
Obama Urges Compromise on Sequester
Updated: 02:13:45 AM, Thu 28 February 2013
Tags:
republican party, defense department, republicans, john mccain, bill clinton, john boehner, obama, democratic party, house republicans, cuts, culture_politics, spending cuts, president of the united states, illinois, united states presidential election, 2008, private sector, friday, automatic budget cuts, economic growth, president barack obama, republican house speaker, sequester, white house, barack obama, washington, wednesday night, republican leaders, additional revenues, government shutdown, across-the-board spending cuts, day-to-day operations, domestic agencies, meaningful way, entitlement reform, business executives, big hit, white house meeting, congressional leaders, military installation, bipartisan way, obama urges compromise, economy-rattling spending cuts, public sector economists, long term investments, possible shutdown, face-to-face discussion, dysfunctional washington
