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Forced federal budget cuts are set to begin today – an unfortunate reality that lawmakers knew was coming since August 2011.

President Barack Obama is speaking live on the sequester and the struggle to revive the economy, America’s priorities and the ripple effect it will have on everyone.

Read more via the links below. Click the link to watch the statements live.

RELATED LINKS:

LIVE: President Barack Obama – Sequester Special Report

Forced Budget Cuts Set to Kick In March 1st

Obama’s Next Financial Fight: The Sequester

Will Obama Connect More with Black Americans?