
US President Barack Obama answers a question about sequestration at the White House in Washington on March 1, 2013 following a meeting with US Speaker of the House John Boehner and Congressional leaders. Obama branded the automatic budget cuts about to slam into the US economy as 'dumb' and 'unnecessary' but blamed Republicans for the failure to avert them.'These cuts will hurt our economy, will cost us jobs and to set it right both sides need to be able to compromise,' Obama said, on the day $85 billion in cuts go into force after lawmakers failed to reach a deficit-cutting deal. (Getty Images)






