A Balanced Plan to Avert the Sequester and Reduce the Deficit | The White House

Only Congress can avoid this self-inflicted wound to our economy and middle class families, and the only thing standing in the way of a solution today is Congressional Republicans’ refusal to even consider closing tax loopholes that benefit wealthy Americans and well-connected corporations. The President and Congressional Democrats have put forward solutions to avoid these cuts and allow time for both sides to work on a long-term, balanced solution to our deficit challenges. 

The President is serious about cutting spending, reforming entitlements and the tax code to reduce the deficit in a balanced way.  The question is, will Congressional Republicans come to the table to get something done?

via A Balanced Plan to Avert the Sequester and Reduce the Deficit | The White House.