Obama meanwhile held a cabinet meeting at the White House, where he laid out a plan to cut a collective $100 million from all government agencies.

President Obama: “I’m asking for all of them to identify at least $100 million in additional cuts to their administrative budgets, separate and apart from the work that Peter Orszag and the rest of our team are doing to go line by line with the budget and identify programmatic cuts that need to be made. And in the next few weeks, we expect to cut at least 100 current programs in the federal budget.”