Posted Friday, March 1, 2013 --- 11:17 a.m.
WASHINGTON (AP) -- President Barack Obama says it may take a couple of weeks or a couple of months to reach a deal to end Washington's battle over spending cuts.
The president spoke after meeting with congressional leaders at the White House on $85 billion in automatic spending cuts that go into effect Friday.
Obama says the cuts are "dumb and arbitrary" and he blamed them on Republicans in Congress.
Copyright 2013: Associated Press