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President Obama on Automatic Spending Cuts

President Obama urged Congress to pass short-term legislation to cut spending and increase tax revenue so that sequestration could be delayed for a few months. He… read more

President Obama urged Congress to pass short-term legislation to cut spending and increase tax revenue so that sequestration could be delayed for a few months. He said the economy was moving in the right direction, but Congress needed more time to come up with a “balanced mix of spending cuts and tax reform.”

“Sequestration,” a legal procedure in which automatic budget cuts are triggered, was agreed to in the Budget Control Act of 2011. They were originally to happen on January 1, 2013, but were delayed until March 1, 2013. close

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President Obama on Automatic Spending Cuts

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Program ID:
310812-1
Category:
White House Event
Format:
News Conference
Location:
Briefing Room, White House, Washington, District of Columbia, United States
First Aired:
Feb 05, 2013 | 1:53pm EST | C-SPAN 2
Last Aired:
Feb 06, 2013 | 1:30am EST | C-SPAN 1

Airing Details

  • Feb 05, 2013 | 1:50pm EST | C-SPAN RADIO
  • Feb 05, 2013 | 1:53pm EST | C-SPAN 2
  • Feb 05, 2013 | 3:30pm EST | C-SPAN RADIO
  • Feb 05, 2013 | 3:41pm EST | C-SPAN 1
  • Feb 05, 2013 | 8:01pm EST | C-SPAN 1
  • Feb 05, 2013 | 8:45pm EST | C-SPAN RADIO
  • Feb 06, 2013 | 1:30am EST | C-SPAN 1
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President Obama on Automatic Spending Cuts

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