REUTERS Video: Obama

House Minority Leader Nancy Pelosi Dept: Video: Obama says spending cuts dumb but won t cause apocalypse U.S. House Minority Leader Nancy Pelosi listens to a question during a news conference at the U.S. Capitol in Washington December 15, 2011. REUTERS Video, according to Globe and Mail. The economic effects of the spending cuts may take time to kick in, but political blowback has already begun and is hitting Obama as well as congressional Republicans and video: Spending cuts not smart, Obama warns Video Video: Pelosi charges the Republicans with handing out pink slips (www.immigrantscanada.com). As reported in the news.