Obama and Congressional Leaders to Discuss Impending Cuts

Have until the end of the day before cuts begin

US political leaders are to meet for last-ditch talks at the White House, amid the prospect of steep budget cuts.

Cuts worth $85bn (£56bn), originally tabled in an effort to force Congress to strike a budget deal, are due become law by the end of Friday.

President Barack Obama will host Democratic and Republican leaders, amid a raging blame-game in Washington. Congress has adjourned for the weekend.