February 22, 2013 / 5:27 PM / in 5 years

White House says not exaggerating impact of automatic spending cuts

WASHINGTON (Reuters) - The White House has very little flexibility in how to roll out automatic spending cuts slated to take effect on March 1 because of the way the sequester law is written, White House spokesman Jay Carney told reporters on Friday.

The U.S. Capitol building is seen in Washington January 20, 2013. REUTERS/Shannon Stapleton

Reporting by Roberta Rampton; Editing by David Brunnstrom

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