Homicide squad investigating two bodies found in Virginia Beach home

Obama to deliver remarks about sequestration

Pres. Obama official portrait 2008

Pres. Obama official portrait 2008


From Jessica Yellin

WASHINGTON (CNN) — 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.

™ & © 2013 Cable News Network, Inc., a Time Warner Company. All rights reserved.


Get every new post delivered to your Inbox.

Join 23,776 other followers