President Obama presses Congress to avert sequestration by March 1 deadline
buzzz worthy. . . As the March 1 deadline for the sequestration looms, at 10:50 a.m. (EST) today President Obama explained why mandatory budget cuts from Congress will slow economic recovery. The impact of the sequestration taking affect could mean more job loss across the board. Read his entire remarks from the White House: THE PRESIDENT: Good morning, everybody. (Applause.) Please have a seat. Well, welcome to the White House. As I said in my State of the Union address last week, our top priority must be to do everything we can to grow the economy and create good, middle-class jobs. That’s our top priority. That's our North Star. That drives every decision we make. And it has to drive every decision that Congress and everybody in Washington makes over the next several years. And that’s why it’s so troubling that just 10 days from now, Congress might allow...