Obama's Warning on Automatic Cuts Obscures Threats Ahead

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U.S. President Barack Obama walks to Marine One before departing from... 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,Walking,Washington DC,White House - Washington DCPhotographer Collection: Bloomberg 2013 BloombergU.S. President Barack Obama walks to Marine One before departing from the White House 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