Obama: Sequestration "not an abstraction - people will lose their jobs"

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Obama: Sequestration "not an abstraction - people will lose their jobs"

Obama: Sequestration "not an abstraction - people will lose their jobs"
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Obama: Sequestration "not an abstraction - people will lose their jobs"

by CBSTV Videos 2:27 mins

Warning of the dangers of the "sequester" set to go into effect March 1, President Obama said his "door is open," and encouraged lawmakers to come up with a cuts-and-revenue package to replace the deep, across-the-board cuts that both sides agree will hurt the U.S. economy.

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