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First Word: Sequester time crunch is on

On Tuesday, President Obama ratcheted up his warning on the consequences of the upcoming sequester, saying many "people will lose their jobs." He said the

President Barack Obama, accompanied by emergency responders, a group of workers the White House says could be affected by the sequester cuts. (AP Photo/Charles Dharapak)
President Barack Obama, accompanied by emergency responders, a group of workers the White House says could be affected by the sequester cuts.ASSOCIATED PRESS

Sarah Muller