Last remaining seats to the Jpost 2017 Annual Conference! Get your special offer now

Obama says spending cuts 'dumb' but won't cause apocalypse

March 1, 2013 19:23

WASHINGTON - US President Barack Obama said on Friday the blunt, across-the-board budget cuts known as the "sequester" will hurt the economy, but said the country will get through it.

"We will get through this. This is not going to be an apocalypse," Obama told reporters.

"It's just dumb. And it's going to hurt. It's going to hurt individual people and it's going to hurt the economy over all."

Share this article via
from around the web
Related Content
Breaking news
April 25, 2017
US deeply concerned by Turkish air strikes on Kurdish fighters


Top Stories
Israel Weather
  • 13 - 27
    Beer Sheva
    15 - 23
    Tel Aviv - Yafo
  • 15 - 23
    13 - 23
  • 19 - 29
    20 - 30