Obama to ask for short term delay to avoid sequester, againSubmitted by emalvini on Tue, 02/05/2013 - 12:24
Obama to ask for short term delay to avoid sequester, again
11:27 AM 02/05/2013
WASHINGTON (AP) — White House officials say President Barack Obama will ask Congress to come up with tens of billions of dollars in short-term spending cuts and tax revenue to put off the automatic across the board cuts that are scheduled to kick in March 1.
Obama will make his request Tuesday afternoon in a public statement at the White House.
The automatic cuts, if they are allowed to proceed, could require widespread layoffs and indiscriminately affect defense programs and domestic spending accounts.