President Obama, Congress Battle Over Sequester Cuts

Jon Karl reports the latest news on America's budget battle.
1:35 | 02/19/13

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Transcript for President Obama, Congress Battle Over Sequester Cuts
And back here at home, the president came out swinging today about the effect on american families when the budget axe falls in less than two weeks. 85 billion across the board cuts, that sequester. And the president likened it to a meat cleaver. Here's abc's jonathan karl. Reporter: Today, the president brought firefighters and cops to the white house to warn that emergency workers will be among the first to go, if those across the board spending cuts are allowed to happen. We've got these automatic spending cuts that are poised to happen next friday. They will hurt our company, they will add hundreds of thousands of americans to the unemployment roms. This is not an about instruction. People will lose their jobs. Reporter: And ww face cuts of $85 billion in one fell swoop. That's less than 3% of the budget, but the white house says virtually everybody will be hurt and will see long lines as tsa agents are furloughed, 1,000 fbi and other law enforcement agents forced off the job and 70,000 preschoolers dropped from the head start program. You'd think that would prompt emergency meetings between congress and the white house, but you'd be wrong. Has the president had a single face-to-face meeting with the republican leaders since january 1st about averting these spending cuts? I don't have any meetings to read out to you. Again, we don't report every meeting, every conversation. Reporter: In fact, the answer to according to sources on both sides is that there have been no meetings, not one. And now virtually everybody agrees that these cuts are almost certain to go into effect in just ten days.

This transcript has been automatically generated and may not be 100% accurate.

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