In another plea for congressional action, President Barack Obama on Saturday warned of the pitfalls should a series of automatic, across-the-board spending cuts go into effect late next week.
The president faulted Republicans for not acting and urged lawmakers to avert the crisis by drawing up a deficit-reduction plan that has both spending cuts and revenue.
FULL STORYSource: http://news.blogs.cnn.com/2013/02/23/obama-urges-gop-to-act-on-spending-cuts/
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