President Obama speaks in the James Brady Press Briefing Room of the White House on Feb. 5, 2013. The president asked Congress to come up with tens of billions of dollars in short-term spending cuts and tax revenue to put off the automatic across the board cuts that are scheduled to kick in March 1. (Associated Press)

Photo by: Pablo Martinez Monsivais

President Obama speaks in the James Brady Press Briefing Room of the White House on Feb. 5, 2013. The president asked Congress to come up with tens of billions of dollars in short-term spending cuts and tax revenue to put off the automatic across the board cuts that are scheduled to kick in March 1. (Associated Press)