Obama to deliver remarks about sequestration
Updated On: Feb 19 2013 09:29:58 AM CST
President Barack Obama will deliver remarks Tuesday morning urging action to avoid the automatic across-the-board budget cuts called the sequester, a White House official said.
The cuts are scheduled to hit Friday, March 1 "if Congress fails to find a path forward on a balanced deficit reduction," the official said in a statement. The reductions could spur the loss of thousands of jobs.
The president will urge Republicans to compromise on a balanced solution. He is scheduled to speak at 10:45 a.m. in the South Court Auditorium at the White House.
Copyright 2013 by CNN NewSource. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.