President Obama speaks about the sequester this morning. He will urge Congress to avert the automatic budget cuts set to take effect at the end of next week. On Friday, the President meets with Japan’s prime minister.

The House and Senate are out this week.

Executive Branch: Vice President Joe Biden takes part in an event on gun violence today. On Thursday, he travels to Connecticut to deliver remarks on gun control. Secretary of State John Kerry delivers his first speech as the nation’s top diplomat on Wednesday.

Economic Reports: From The New York Times: “Economic data to be released include the Producer Price Index for January and housing starts for January (Wednesday); and weekly jobless claims, the Consumer Price Index for January, used home sales for January, the Philadelphia Fed index for February and leading economic indicators for January (Thursday).”

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