THE SEQUESTER THREAD!!! NO DEAL!!! US Navy Announces Brutal And 'Deeply Regrettable' Cuts!!!

Wait.. he's.talking like there is no deal, but he hadn't said there wasn't a deal...?

OBAMA: The Sequester Is A 'Pretty Bad Name,' But Its Effects Are Going To Be Even Worse

President Barack Obama gave a stark warning to a shipyard crowd in Newport News, Va., telling them that the coming cuts known as the sequester are a "dumb way to do things."

"This work, along with hundreds of thousands of jobs, are currently in jeopardy because of politics in Washington," Obama said.

The cuts, which will total $1.2 trillion over a 10-year period, are set to begin kicking in on Friday. Obama's speech in Newport News comes in an area that will be disproportionately affected by the defense cuts of the sequester.

Obama called the sequester a "pretty bad name" for the amount of harm they could inflict, warning that their effects could be "even worse" than the name.

"I'm not interested in spin. I'm not interested in playing a blame game," Obama said. "At this point, all I'm interested in is solving problems."

Obama told the crowd that the effects of the sequester won't be felt overnight, but they will become more real the longer they are allowed to stay in place. Obama warned the crowd that 90,000 workers might have to be furloughed if the sequester goes into effect, and he said it could cost more than 10,000 jobs in Virginia alone.


... more at link

Read more: [link to www.businessinsider.com]

All republicans fault?

this seams like a preparation to war speach...

Like this man cares at all for the middle class. God have mercy

he has been going on and on for minutes answering one question.

This speach is the worst Ive heard!!!! Were done!!!!

Isn't that a clue to someone lying?