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  • President with no budget plan pleads with Congress to avoid sequestration

    02/07/2013 4:38:31 AM PST · by IbJensen · 10 replies
    GOP USA ^ | February 6, 2013 | McClatchy Washington Bureau Staff
    <p>WASHINGTON - President Barack Obama urged Congress on Tuesday to pass a package of modest cuts and tax changes as a way to delay drastic, across-the-board federal spending reductions that could harm the economy.</p> <p>But Obama's proposal would only postpone the $85 billion in automatic cuts, scheduled to take effect March 1, by a few months until a larger deal could be reached.</p>