President Obama will meet with congressional leaders at the White House on Friday to discuss preventing the automatic spending cuts set to take place that day, an administration official confirmed.

The meeting comes as efforts to resolve the so-called “sequester” have stalled.

With the deadline looming, Obama has not had a face-to-face meeting with leaders on the issue. Last week, he placed calls to congressional leaders to discuss the impending $85 billion in across-the-board spending cuts.

The meeting will include Speaker John Boehner (R-Ohio), who has said, following other divisive budget battles, that he would not be returning to the negotiating table with Obama.

Obama also had a “brief conversation” with congressional leaders on Capitol Hill on Wednesday prior to attending the unveiling of the Rosa Parks statue, White House press secretary Jay Carney told reporters on Wednesday.

“We remain hopeful that Republicans will understand the need to compromise and that compromise has balance at its essence,” Carney said.

Continue reading →