Of course. The budget must never be cut. It's a physical impossibility.
Pres Obama will call for spending cuts and revenue hikes to give Congress more time to come up with long-term plan to avoid the sequester. — Mark Knoller (@markknoller) February 5, 2013
Odds of GOP objecting to this in any meaningful way? 0%
Remember this terrible, no good idea was Obama's from the start. The GOP agreed to it too. But they will all pretend it was imposed on them by some mysterious outside force and now they will be very serious about finding spending cuts to off set the debt ceiling hike from 2011. Perhaps they could form a joint House-Senate group to find the cuts. They could call it a "Super Committee". Nah, that's crazy, it would never work.
Update: Obama has a 1:15 event to talk about sequester and avoiding it in...say it with me...."a balanced way".