Obama's Warning on Automatic Cuts Obscures Threats Ahead

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U.S. President Barack Obama exits the White House to board Marine One... News PhotoAusterity,Barack Obama,Debt,Government,Horizontal,International Landmark,Leaving,Marine One,North America,One Person,People,Politics,The Americas,The Media,US President,USA,Washington DC,White House - Washington DCPhotographer Collection: Bloomberg 2013 BloombergU.S. President Barack Obama exits the White House to board Marine One in Washington, D.C., U.S., on Tuesday, Feb. 26, 2013. With just three days before the $85 billion in reductions for this year are scheduled to start, Obama and Republicans led by House Speaker John Boehner yesterday traded blame again for the impasse. Photographer: Joshua Roberts/Bloomberg via Getty Images