Obama says sequester must end to help economy

In his weekly address President Barack Obama said politicians must find a way to end the sequester so the $85 billion in spending cuts that was enacted would not harm the economy. The latest jobs numbers showed the economy added 246,000 jobs in February and the unemployment rate went from 7.9 percent to 7.7 percent. With the sequester in place, several economists have said the improving economy could turn for the worse. That is why President Obama said he would be meeting with Republicans and Democrats over the coming weeks to continue and try to reach a grand bargain to reduce the deficit in a balanced way that would not harm middle class families. The president's plan can be found on the White House website here.