Obama, Biden To Meet With Congressional Leaders To Discuss Cuts

President Obama and Vice President Biden are scheduled to meet with congressional leaders at 10:05 a.m. ET Friday at the White House to discuss the looming automatic spending cuts. Senate Majority Leader Harry Reid (D-NV), Senate Minority Leader Mitch McConnell (R-KY), House Speaker John Boehner (R-OH) and House Minority Leader Nancy Pelosi (D-CA) are expected to attend the meeting, which will be closed to the press.