Excerpt
RAY SUAREZ (Newshour): President Obama and congressional Republicans traded barbs today, opening the final week before the looming sequester. But there was no outward sign of a breakthrough to prevent $85 billion dollars in automatic spending reductions.
PRESIDENT BARACK OBAMA: These cuts do not have to happen. Congress can turn them off any time with just a little bit of compromise.
RAY SUAREZ: The president's appeal came as he met with the nation's governors at the White House amid growing indications that the sequester will indeed take effect.
PRESIDENT OBAMA: This town has to get past its obsession with focusing on the next election, instead of the next generation. All of us are elected officials. All of us are concerned about our politics, both in our own parties, as well as the other parties. But at some point, we have got to do some governing. And certainly what we can't do is keep careening from manufactured crisis to manufactured crisis.
RAY SUAREZ: To reinforce the point, the administration on Sunday spelled out how each state will be affected, from job losses for teachers to cuts in defense spending.
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