WASHINGTON Feb 21 President Barack Obama on
Thursday called Republican congressional leaders, House of
Representatives Speaker John Boehner and Senate Minority Leader
Mitch McConnell, to discuss looming spending cuts, the White
White House spokesman Jay Carney said the conversations were
"good" but declined to provide any details.
An estimated $85 billion in across-the-board "sequestration"
cuts are due to go into effect March 1 unless Congress acts.
Obama and others have warned that the cuts could hurt economic
growth and lead to hundreds of thousands of job losses.