As the deadline looms for sequestration to come into effect and bring with it across-the-board budget cuts, both the Republican and Democrat parties have taken to Twitter to express their side of the story:
Obama has not proposed one bill to fix his sequester. It’s about time he leads and proposes real solutions. #NotSerious#Obamaquester
Obama: Cuts are 'dumb' but won't cause 'apocalypse'
As the US braces for a series of budget cuts, President Barack Obama told reporters, "We will get through this. This is not going to be an apocalypse".
"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 over all", he said following his meeting with congressional leaders.
"Let's be clear - none of this is necessary," the President said. "It's happening because of a choice that Republicans in Congress have made".
"This is not a win for anybody. This is a loss for the American people ... If we stand back and remind ourselves what it is we're supposed to be doing here, then hopefully common sense will out in the end".
Boehner rules out tax increases as US braces for cuts
US House of Representatives Speaker John Boehner has ruled out tax increases as a way to address the nation's deficit after meeting with President Barack Obama to discuss across-the-board budget cuts that will come into effect later today.
"The discussion about revenue, in my view is over. It's about taking on the spending problem," Boehner said in a short statement after the meeting.
A series of time-released, across-the-board budget cuts totalling $1.2 trillion
Roughly $85 billion is slated to be cut from federal programmes this year
The cuts can only be halted by Congress and the White House making a deal
If a deal isn't reached, the cuts will begin to come into effect at 11:59pm tonight
Sequestration was put into effect as part of the deficit-reducing Budget Control Act of 2011.
Democrats and Republicans agreed to the $1.2 trillion in cuts but scheduled a series of automatic cuts for the future. It was hoped smarter cuts would be agreed to before they came into effect.
Many fear that as the cuts are across the board, they will affect members of the military, defence officials, teachers, the US Coast Guard, the Federal Aviation Administration and, in turn, anyone who uses the services they are responsible for.