Obama's Job Approval Takes a Slide

Down seven points in a week

President Obama's job approval rating took a hit over the weekend, falling to its lowest level in the Gallup three-day average since his reelection.

His approval rating was 46 percent between Feb 29 and March 2, down from 53 percent a week earlier.

The drop comes after Obama and Congress failed to reach a last-minute deal and automatic sequester cuts kicked in across the government on Friday.