CSPAN Capitol Hill Hearings February 6, 2013
On cspan. President obama announced his plan to avoid automatic spending cuts known as sequestration scheduled to begin march 1. It is including tax changes. The president spoke to reporters for just over five minutes. Good afternoon, everybody. I wanted to say a few words about the looming deadlines and decisions that we face on our budget and on our deficit, and these are decisions that will have real and lasting impacts on the strength and pace of our recovery. Economists and Business Leaders from across the spectrum have said that our economy is poised for progress in 2013. And weve seen s...