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Frustration in the White House during first day of forced spending cuts

Posted at 6:46 PM, Mar 02, 2013
and last updated 2013-03-02 18:46:38-05

CNN

Cristina Mutchler

He voiced his frustration, Friday, over congress’ failure to reach a deal on forced spending cuts….

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 overall

The president used his weekly address Saturday to continue pouring on the blame.

These cuts are not smart…congress can turn them off at any time – as soon as both sides are willing to compromise…it’s unnecessary. It’s inexcusable.

About the only thing in agreement between the two political parties is the fact that the hardworking American’s will suffer a hit because of bickering over tax loopholes.

The American people know full well that if they give this white house more tax revenue, it will be spent…we are looking at ways to close tax loopholes and clean up our tax code so we can lower rates and help create jobs. These ideas get government out of the way so we can bring jobs home and preserve the American dream.”

On day 1– the effects of the $85-billion dollar slash in federal funding isn’t yet seen by the average American..

But Washington says the full impact is coming…likely in April

The defense department is expected to feel the cuts first.

Also impacted:

*government agencies… The F-A-A; the FBI

*kids head start programs

*unemployment benefits

*airport security checkpoints

And while a last minute deal failed to stop the forced spending cuts, yet another crisis is in sight—a possible government shutdown by the end of the month.