Newport News (Virginia), Feb 27 - President Barack Obama said Tuesday that the US economy and national security will suffer if a set of automatic spending cuts takes effect later this week.
Obama selected a shipyard in Newport News as the site where he once again urged Congress to avoid the $85 billion in cuts poised to kick in Friday as part of the so-called sequester.
"Now, that's a pretty bad name - sequester. But the effects are even worse than the name," Obama emphasized in a speech to some 1,000 workers.
