D.C. caught off guard by Obama sequester vow

Obama's sequestration remark takes Washington by surprise

Reuters

President Barack Obama's statement during Monday's debate that sequestration cuts will not go into effect surprised many in Washington. Defense industry officials including AIA President and CEO Marion Blakey responded cautiously, noting that Congress still needs to address sequestration in a lame duck session. "As far as the health of the economy is concerned, [it's good that he is] putting the power of his office behind overturning a law that should never have been put in place. And let's remember that it was both the administration and the Congress who signed off on this, but administration leadership is critical," she said referring to overturning sequestration. Politico (Washington, D.C.) (10/23) , The Hill/DEFCON Hill blog (10/23) , The Washington Post/Election 2012 Blog (10/22) , The Wall Street Journal (10/22) , TheFiscalTimes.com (10/23) , Reuters (10/23)http://www.politico.com/news/stories/1012/82736.html