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The Boston Globe

Nation

Obama, lawmakers to meet after sequester deadline

WASHINGTON (AP) — The White House conceded Wednesday that efforts to avoid automatic budget cuts are unlikely to succeed before they kick in and is initiating new talks with congressional leaders to confront seemingly intractable tax-and-spend issues.

President Barack Obama will meet at the White House Friday with House and Senate leaders of both parties on the same day the cuts, known in Washington-speak as a ‘‘sequester,’’ take effect. This would put the White House and Congress essentially in the position of looking past the cuts to the next looming fiscal showdown: A March 27 deadline to continue government operations or force a government shutdown.

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