Monday News: Bob Woodward reports: President Obama and now Treasury Secretary nominee lied in attributing the origin of the sequester to the Republicans:

Bob Woodward reports: President Obama and now Treasury Secretary nominee lied in attributing the origin of the sequester to the Republicans:

My extensive reporting for my book “The Price of Politics” shows that the automatic spending cuts were initiated by the White House and were the brainchild of Lew and White House congressional relations chief Rob Nabors — probably the foremost experts on budget issues in the senior ranks of the federal government.

Obama personally approved of the plan for Lew and Nabors to propose the sequester to Senate Majority Leader Harry Reid (D-Nev.). They did so at 2:30 p.m. July 27, 2011, according to interviews with two senior White House aides who were directly involved.