Obama: I Will Veto Attempts To Get Rid Of Automatic Spending Cuts

November 21, 2011   |   November 2011 Bond Updates
President Barack Obama gave a press conference after the Supercommittee officially admitted it failed to reach an agreement to cut $1.2 trillion in budget spending over the next 10 years.  Obama told reporters he would veto any attempt to get rid of the automatic cuts which are set to kick in as a part of the sequester proposition, which will be triggered unless Congress reaches over the next year.

View more at: http://www.forbes.com/sites/afontevecchia/2011/11/21/obama-i-will-veto-attempts-to-get-rid-of-automatic-spending-cuts/
 
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