President Barack Obama will meet with Congressional leaders Friday to discuss the sequester, according to a White House official.
The meeting with top leaders will happen the same day the sequester formally takes effect. Speaker John A. Boehner, R-Ohio, Senate Majority Leader Harry Reid, D-Nev., House Minority Leader Nancy Pelosi, D-Calif., and Senate Minority Leader Mitch McConnell, R-Ky., are expected to attend.
There is still no clear path to a resolution, with Democrats insisting on higher revenue in a deal and Republicans pushing for the opposite.
White House Press Secretary Jay Carney said the administration hopes that Republican leaders will start listening to the will of the American people and show up Friday willing to accept a “balanced approach” including new revenue. He warned Republican senators that if they block passage of a Senate alternative by requiring a 60-vote threshold, they will be choosing the sequester over a balanced approach. Republican leaders have said the public will not accept higher taxes while blocking cuts that have already been passed into law.
Although Obama called the leaders last week in what Republicans described as their first substantive conversation of the year, the meeting Friday will be their first face-to-face meeting to discuss the issue this year, aside from a brief conversation on Wednesday before the unveiling of the Rosa Parks statue in the Capitol.
From left, Rep. Christopher H. Smith, R-N.J., David Goldman, the father of a child who was abducted to Brazil by the mother, and Arvind Chawdra, a father whose two children were abducted to India by their mother, attend a news conference in the Rayburn House Office Building on international child abduction.
Each year since 1990, CQ Roll Call has reviewed the financial disclosures of all 541 senators, representatives and delegates to determine the 50 richest members of Congress. This year's report, derived from forms covering the calendar year 2012, shows it took a net worth of $6.67 million to crack the exclusive club.