Posted: Mar 1, 2013 11:07 AM
Updated: Mar 1, 2013 11:07 AM
Source: Associated Press
WASHINGTON - President Barack Obama says it may take a couple of weeks or a couple of months to reach a deal to end Washington's battle over spending cuts.
The president spoke after meeting with congressional leaders at the White House on $85 billion in automatic spending cuts that go into effect Friday.
Obama says the cuts are "dumb and arbitrary" and he blamed them on Republicans in Congress.
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