“Already, some in Congress are trying to undo these automatic spending cuts. My message to them is simple: No. I WILL VETO ANY EFFORT TO GET RID OF THOSE AUTOMATIC SPENDING CUTS TO DOMESTIC AND DEFENSE SPENDING. There will be no easy off ramps on this one.”
- President Barack Obama, 21 November 2011
“In the short term, the good news is that there’s going to be a forcing mechanism to deal with what is the central ideological argument in Washington right now, and that is: How much government do we have and how do we pay for it? So when you combine the Bush tax cuts expiring, THE SEQUESTER IN PLACE, the commitment of both myself and my opponent — at least Governor Romney claims that he wants to reduce the deficit — but we’re going to be in a position where I believe in the first six months we are going to solve that big piece of business.
- President Barack Obama, Des Moines Register, 23 October 2012