President Obama on Automatic Spending Cuts

President Obama spoke to reporters after meeting with congressional leaders about the automatic spending cuts, known as… read more

President Obama spoke to reporters after meeting with congressional leaders about the automatic spending cuts, known as sequestration. In his remarks he blamed Republican lawmakers for failing to stop the cuts from beginning later in the day, arguing he could not perform a “Jedi mind meld” to get Republicans to agree on a deal.

As part of a deal for raising the federal debt ceiling, the Budget Control Act of 2011 created sequestration on January 1, 2013, automatic spending cuts that are split 50/50 between defense and non-defense spending unless Congress would pass an alternate deficit reduction plan. The cuts had been delayed until March 1, 2013, as part of a “fiscal cliff” agreement on the debt ceiling and tax increases. close

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*The transcript for this program was compiled from uncorrected Closed Captioning.

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President Obama on Automatic Spending Cuts

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Program ID:
311269-1
Category:
White House Event
Format:
News Conference
Location:
Briefing Room, White House, Washington, District of Columbia, United States
First Aired:
Mar 1, 2013
Last Aired:
Mar 3, 2013

Airing Details

  • Mar 01, 2013 | 11:30am EST | C-SPAN RADIO
  • Mar 01, 2013 | 11:39am EST | C-SPAN 1
  • Mar 01, 2013 | 1:24pm EST | C-SPAN 2
  • Mar 01, 2013 | 2:04pm EST | C-SPAN 3
  • Mar 01, 2013 | 4:00pm EST | C-SPAN 1
  • Mar 01, 2013 | 4:01pm EST | C-SPAN 1
  • Mar 01, 2013 | 4:32pm EST | C-SPAN 3
  • Mar 01, 2013 | 5:34pm EST | C-SPAN 2
  • Mar 01, 2013 | 6:11pm EST | C-SPAN 1
  • Mar 01, 2013 | 7:14pm EST | C-SPAN 1
  • Mar 01, 2013 | 8:00pm EST | C-SPAN 1
  • Mar 01, 2013 | 11:48pm EST | C-SPAN 1
  • Mar 02, 2013 | 6:19am EST | C-SPAN 1
  • Mar 03, 2013 | 5:10pm EST | C-SPAN 1
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