Spending cuts unpopular yet not set to go awaySubmitted by meekandmild on Mon, 03/04/2013 - 13:12
WASHINGTON (AP) — Despite their unpopularity, those deep federal spending cuts look like they'll be around for a while.
There appears to be little in the works to undo the budget cuts, although President Barack Obama is calling lawmakers to cajole them to undo them.
But the Senate's Republican leader Mitch McConnell on Sunday called those cuts modest and House Speaker John Boehner said he isn't sure they will hurt the economy. White House economic adviser Gene Sperling says the pain isn't that bad — yet.