Boehner warns automatic US budget cuts will stay without other cuts

Reuters News

2/14/2013 11:46:59 AM - Reuters News

WASHINGTON (Reuters) - U.S. House of Representatives Speaker John Boehner said on Thursday broad automatic budget cuts will go into effect next month unless Congress and the White House find other spending cuts and "reforms" to balance the U.S. budget within 10 years.

Some $85 billion in budget cuts, also known as the "sequester," are due to go into effect March 1.

(Reporting by Richard Cowan and Thomas Ferraro; Editing by Vicki Allen)