Congress Leaders to Meet Obama as U.S. Spending Cuts Begin

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U.S. Vice President Joe Biden, left, arrives outside the West Wing of... News PhotoArrival,Barack Obama,Capitol Hill,Congress,Debt,Economy,Government,Horizontal,International Landmark,Joseph Biden,Leadership,Meeting,Monetary Policy,North America,Politics,The Americas,US President,USA,Vice President,Washington DC,White House - Washington DCPhotographer Collection: Bloomberg 2013 BloombergU.S. Vice President Joe Biden, left, arrives outside the West Wing of the White House for a meeting with President Barack Obama and congressional leaders in Washington, D.C., U.S., on Friday, March 1, 2013. Obama said the automatic spending cuts set to kick in today will be a “slow grind” on the economy and that it may take weeks to win over enough lawmakers from both parties to reach a deal on a replacement deficit-cutting plan. Photographer: Pete Marovich/Bloomberg via Getty Images