Analysis: Obama spending cuts strategy focused on waiting game

[riky]

Analysis: Obama spending cuts strategy focused on waiting game

<p><a href="http://news.yahoo.com/analysis-obama-spending-cuts-strategy-focused-waiting-game-234944059--business.html"><img src="http://l.yimg.com/bt/api/res/1.2/c4_BYgHjKmZtRYeBK_TOyg--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-02-25T235248Z_1_CBRE91O1U7100_RTROPTP_2_USA-OBAMA.JPG" width="130" height="86" alt="U.S. President Obama speaks to the National Governors Association in the State Dining Room of the White House in Washington" align="left" title="U.S. President Obama speaks to the National Governors Association in the State Dining Room of the White House in Washington" border="0" /></a>WASHINGTON (Reuters) - The White House, while advancing an aggressive public relations campaign to highlight the damaging effects of $85 billion in automatic spending cuts, is largely resigned to the fact that they will go into effect on Friday. With no deal expected in the few days remaining until the cuts kick in, President Barack Obama is pursuing a strategy aimed at generating outrage among Americans that he hopes will force Republicans to come to the negotiating table and agree to his demand for higher taxes after the cuts go into place. ...</p><br clear="all"/>

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