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Room, making clear what he thinks of the sequester. We shouldnt be making a series of dumb, arbitrary cuts to things that businesses depend on and workers depend on, like education and research and infrastructure and defense. Woodruff the president was also adamant on where the blame lies with those who balked at erasing tax loopholes for the wealthy and other revenue raisers. None of this is necessary. Its happening because. A choice that republicans in congress have made. Theyve allowed these cuts to happen because they refuse to budge on closing a single wasteful loophole to help reduce the deficit. Woodruff but republicans were having none of it. Shortly before the president emerged, House Speaker john boehner again rejected the demand for more taxes. The president got his tax hikes on january 1. This discussion about revenue, in my view, is over. Its about taking on the spending problem here in washington. Woodruff the president now has until just before midnight to issue an order

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