House Speaker John A. Boehner says the looming sequesters and resulting budget cuts would be like "taking a meat ax to our government." Eager to buy time and avoid economic pain, President Obama urged Congress to pass targeted measures. (Associated Press)

Photo by: J. Scott Applewhite

House Speaker John A. Boehner says the looming sequesters and resulting budget cuts would be like "taking a meat ax to our government." Eager to buy time and avoid economic pain, President Obama urged Congress to pass targeted measures. (Associated Press)