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Take effect on january 2 and it happened when president said this. >> first, this is not something that i propose. this is something that congress proposed and won't happen. >> david plouffe walked it back telling reporters sequestration should not happen. the shift of the not so subtle acknowledgment that the threat of sequestration is a bargaining ship that they may use to get republicans in distasteful tax increases in the lame duck session. in virginia, where one out of four adults works at defense or government job threatened by sequestration, defense contractor william hobson fears the i...

Scenario first and foremost does the leadership flee immediately? that has not happened in this case as it did in tunisia. secondly will the leadership maintain the backing of the military which of course has obvious implications, jon. jon: catherine herridge in washington, thanks. >> reporter: you're welcome. jon: the federal reserve chairman is casting off his neutrality and taking sides. ben bernanke urging lawmakers in congress not to use appending vote on racing the debt ceiling as a bargaining ship in the battle over federal spending. his comments taken as a direct challenge to the repub...