Spending cut showdown threatens Obama's second-term agenda

By Jeff Mason and Matt Spetalnick

WASHINGTON |
Sat Mar 2, 2013 9:51pm EST

WASHINGTON (Reuters) – Just hours after across-the-board spending cuts strictly took effect, President Barack Obama pulpy Congress on Saturday to work with him on a concede to hindrance a mercantile predicament that threatens a economy and his broader domestic process agenda.

The disaster by Obama and Republicans to determine to hindrance a $85 billion “sequester” cuts probably guaranteed that mercantile issues would sojourn core theatre in Washington for weeks, crowding out Obama’s proposals to remodel immigration, tie gun laws and lift a smallest wage.

The mercantile effects of a spending

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Source:
http://www.news.ezonearticle.com/2013/03/02/spending-cut-showdown-threatens-obamas-second-term-agenda/