House Republican leaders spoke to reporters about the sequestration budget cuts set to begin on March 1. They said that President Obama and Senate Democrats bear responsibility for the automatic spending cuts. Speaker Boehner stated that the House had already passed two bills to address sequestration, adding, “We should not have to move a third bill before the Senate gets off their ass and begins to do something.”
"Sequestration," a legal procedure in which every federal agency has the same percentage of its budget cut in order to take back deficit spending, was agreed to in the Budget Control Act of 2011 and scheduled to happen on March 1, 2013.