Obama Unsure If Congress Will Reach A Budget Deal

President Barack Obama said he didn't believe Congress would manage to reach a budget deal before the November elections. That means deep cuts in the Defense Department budget under sequestration would occur. The president spent much of Monday talking to new outlets in areas with large military installations. He said he has made sure that service members won't lose pay or benefits under sequestration. Nor would veterans lose any VA benefits. But Obama said cuts could negatively affect military readiness.