BILL PRESS (20 February 2013): So Nancy where did the sequester come from? Whose idea was it? Was it really President Obama’s idea as the Republicans claim?
NANCY COOK: Sure.
BILL PRESS: What are the facts?
NANCY COOK: Well if you read, so Bob Woodward’s book about the Budget Control Act and the debt ceiling negotiations in the summer of 2011 is sort of the best account we have so far of how this came to be and according to that book, the sequester was originally the idea of the White House.