Fiery Last-Lap Daytona Crash Injures 15 Fans

A fiery last-lap crash at the Daytona International Speedway injured a number of spectators today, who were seen being carried away from the stands on stretchers.

Fifteen spectators were taken to the hospital, according to ESPN, with one on the way to surgery with head trauma.

The 12-car crash happened moments before the end of the Nationwide race, and on the eve of the Daytona 500, one of NASCAR's biggest events.

The crash was apparently triggered when driver Regan Smith's car, which was being tailed by Brad Keselowski on his back bumper, spun to the right and shot up the track. Smith had been in the lead and said after the crash he had been trying to throw a "block."

Rookie Kyle Larson's car slammed into the wall that separates the track from the grandstands, causing his No. 32 car to go airborne and erupt in flames.

When a haze of smoke cleared and Larson's car came to a stop, he jumped out uninjured.

His engine and one of his wheels were sitting in a walkway of the grandstand.

"I was getting pushed from behind," Larson told ESPN. "Before I could react, it was too late."

Driver Michael Annett was taken to the hospital after he slammed head-on into a barrier during the chaos. NASCAR officials told ESPN the driver was awake and alert.

Tony Stewart pulled out the win, but in victory lane, what would have been a celebratory mood was tempered by concern for the injured fans.

"We've always known this is a dangerous sport," Stewart said. 'But it's hard when the fans get caught up in it."

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Analysis: Italian election explained

Austerity-hit Italy chooses new leader

Austerity-hit Italy chooses new leader

Austerity-hit Italy chooses new leader

Austerity-hit Italy chooses new leader

STORY HIGHLIGHTS

• Silvio Berlusconi is campaigning to win his old job back for the fourth time


• The eurozone's third largest economy is hurting, with unemployment surpassing 11%


• Pier Luigi Bersani of the center-left Democratic Party is expected to narrowly win


• Italy's political system encourages the forming of alliances

(CNN) -- Little more than a year after he resigned in disgrace as prime minister, Silvio Berlusconi is campaigning to win his old job back -- for the fourth time.

Berlusconi, the septuagenarian playboy billionaire nicknamed "Il Cavaliere," has been trailing in polls behind his center-left rival, Per Luigi Bersani.

But the controversial media tycoon's rise in the polls in recent weeks, combined with widespread public disillusionment and the quirks of Italy's complex electoral system, means that nothing about the race is a foregone conclusion.

Why have the elections been called now?

Italian parliamentarians are elected for five-year terms, with the current one due to end in April. However in December, Berlusconi's People of Freedom Party (PdL) withdrew its support from the reformist government led by Mario Monti, saying it was pursuing policies that "were too German-centric." Monti subsequently resigned and the parliament was dissolved.

Berlusconi -- the country's longest serving post-war leader -- had resigned the prime ministerial office himself amidst a parliamentary revolt in November 2011. He left at a time of personal and national crisis, as Italy grappled with sovereign debt problems and Berlusconi faced criminal charges of tax fraud, for which he was subsequently convicted. He remains free pending an appeal. He was also embroiled in a scandal involving a young nightclub dancer - which led him to be charged with paying for sex with an underage prostitute.

MORE: From Venice to bunga bunga: Italy in coma

He was replaced by Monti, a respected economist and former European Commissioner, who was invited by Italy's President Giorgio Napolitano to lead a cabinet of unelected technocrats. Monti's government implemented a program of tax rises and austerity measures in an attempt to resolve Italy's economic crisis.

Who are the candidates?

The election is a four-horse race between political coalitions led by Bersani, Berlusconi, Monti, and the anti-establishment movement led by ex-comedian Beppe Grillo. Polls are banned within two weeks of election day, but the most recent ones had Bersani holding onto a slender lead over Berlusconi, followed by Grillo in distant third.

READ MORE: Will Monte Paschi banking scandal throw open Italy's election race?

The center-left alliance is dominated by the Democratic Party, led by Bersani. He is a former Minister of Economic Development in Romano Prodi's government from 2006-8 -- and has held a comfortable lead in polls, but that appears to be gradually being eroded by Berlusconi.

Italy's political system encourages the forming of alliances, and the Democratic Party has teamed with the more left-wing Left Ecology Freedom party.

The 61-year-old Bersani comes across as "bluff and homespun, and that's part of his appeal -- or not, depending on your point of view," said political analyst James Walston, department chair of international relations at the American University of Rome.

He described Bersani, a former communist, as a "revised apparatchik," saying the reform-minded socialist was paradoxically "far more of a free marketeer than even people on the right."

Bersani has vowed to continue with Monti's austerity measures and reforms, albeit with some adjustments, if he wins.

At second place in the polls is the center-right alliance led by Berlusconi's PdL, in coalition with the right-wing, anti-immigration Northern League.

Berlusconi has given conflicting signals as to whether he is running for the premiership, indicating that he would seek the job if his coalition won, but contradicting that on other occasions.

In a recent speech, he proposed himself as Economy and Industry Minister, and the PdL Secretary Angelino Alfano as prime minister.

Roberto Maroni, leader of the Northern League, has said the possibility of Berlusconi becoming prime minister is explicitly ruled out by the electoral pact between the parties, but the former premier has repeatedly said he plays to win, and observers believe he is unlikely to pass up the chance to lead the country again if the opportunity presents itself.

Berlusconi has been campaigning as a Milan court weighs his appeal against a tax fraud conviction, for which he was sentenced to four years in jail last year. The verdict will be delivered after the elections; however, under the Italian legal system, he is entitled to a further appeal in a higher court. Because the case dates to July 2006, the statute of limitations will expire this year, meaning there is a good chance none of the defendants will serve any prison time.

He is also facing charges in the prostitution case (and that he tried to pull strings to get her out of jail when she was accused of theft) -- and in a third case stands accused of revealing confidential court information relating to an investigation into a bank scandal in 2005.

Despite all this, he retains strong political support from his base.

"Italy is a very forgiving society, it's partly to do with Roman Catholicism," said Walston. "There's sort of a 'live and let live' idea."

Monti, the country's 69-year-old technocrat prime minister, who had never been a politician before he was appointed to lead the government, has entered the fray to lead a centrist coalition committed to continuing his reforms. The alliance includes Monti's Civic Choice for Monti, the Christian Democrats and a smaller centre-right party, Future and Freedom for Italy.

As a "senator for life," Monti is guaranteed a seat in the senate and does not need to run for election himself, but he is hitting the hustings on behalf of his party.

In a climate of widespread public disillusionment with politics, comedian and blogger Beppe Grillo is also making gains by capturing the protest vote with his Five Star Movement. Grillo has railed against big business and the corruption of Italy's political establishment, and holds broadly euro-skeptical and pro-environmental positions.

How will the election be conducted?

Italy has a bicameral legislature and a voting system which even many Italians say they find confusing.

Voters will be electing 315 members of the Senate, and 630 members of the Chamber of Deputies. Both houses hold the same powers, although the Senate is referred to as the upper house.

Under the country's closed-list proportional representation system, each party submits ranked lists of its candidates, and is awarded seats according to the proportion of votes won -- provided it passes a minimum threshold of support.

Seats in the Chamber of Deputies are on a national basis, while seats in the senate are allocated on a regional one.

The party with the most votes are awarded a premium of bonus seats to give them a working majority.

The prime minister needs the support of both houses to govern.

Who is likely to be the next prime minister?

On current polling, Bersani's bloc looks the likely victor in the Chamber of Deputies. But even if he maintains his lead in polls, he could fall short of winning the Senate, because of the rules distributing seats in that house on a regional basis.

Crucial to victory in the Senate is winning the region of Lombardy, the industrial powerhouse of the north of Italy which generates a fifth of the country's wealth and is a traditional support base for Berlusconi. Often compared to the U.S. state of Ohio for the "kingmaker" role it plays in elections, Lombardy has more Senate seats than any other region.

If no bloc succeeds in controlling both houses, the horse-trading begins in search of a broader coalition.

Walston said that a coalition government between the blocs led by Bersani and Monti seemed "almost inevitable," barring something "peculiar" happening in the final stages of the election campaign.

Berlusconi, he predicted, would "get enough votes to cause trouble."

What are the main issues?

There's only really one issue on the agenda at this election.

The eurozone's third largest economy is hurting, with unemployment surpassing 11% -- and hitting 37% for young people.

Voters are weighing the question of whether to continue taking Monti's bitter medicine of higher taxation and austerity measures, while a contentious property tax is also proving a subject of vexed debate.

Walston said the dilemma facing Italians was deciding between "who's going to look after the country better, or who's going to look after my pocket better."

He said it appeared voters held far greater confidence in the ability of Monti and Bersani to fix the economy, while those swayed by appeals to their own finances may be more likely to support Berlusconi.

But he said it appeared that few undecided voters had any faith in Berlusconi's ability to follow through on his pledges, including a recent promise to reverse the property tax.

What are the ramifications of the election for Europe and the wider world?

Improving the fortunes of the world's eighth largest economy is in the interests of Europe, and in turn the global economy.

Italy's woes have alarmed foreign investors. However, financial commentator Nicholas Spiro, managing director of consultancy Spiro Sovereign Strategy, says the European Central Bank's bond-buying program has gone a long way to mitigating investors' concerns about the instability of Italian politics.

Why is political instability so endemic to Italy?

Italy has had more than 60 governments since World War II -- in large part as a by-product of a system designed to prevent the rise of another dictator.

Parties can be formed and make their way on to the political main stage with relative ease -- as witnessed by the rise of Grillo's Five Star Movement, the protest party which was formed in 2009 but in local and regional elections has even outshone Berlusoni's party at times.

Others point to enduringly strong regional identities as part of the recipe for the country's political fluidity.

READ MORE: Italian Elections 2013: Fame di sapere (hunger for knowledge)

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US budget cuts can be avoided: Obama

WASHINGTON: President Barack Obama insisted Friday that mandatory government budget cuts set to kick in on March 1 -- known as the sequester -- were not "inevitable."

The cuts to defence and domestic spending were mandated in an agreement between Obama and his Republican foes to end a previous budget battle.

"I never think that anything is inevitable, we always have the opportunity to make the right decisions," Obama told reporters following a White House meeting with visiting Japanese Prime Minister Shinzo Abe.

"Hope springs eternal."

The consequences of the threatened sequester were supposed to be so punishing that Democrats and Republicans would have no choice but to reach a deal to reduce the deficit.

Obama also attempted to reassure financial markets in case the cuts do go forward.

"Unlike issues like the debt ceiling, the sequester going into effect will not threaten the world financial system, it's not the equivalent of the US defaulting on its obligations," Obama said.

"What it does mean though is that if the US is growing slower, other countries are growing slower."

Obama wants to use a "balanced" mix of spending cuts and tax revenue increases achieved by closing loopholes used by the wealthy to cut the US deficit, and says he will not sign a bill that harms the middle class.

Republicans, who lost a previous showdown with Obama over raising tax rates for the rich, say the debate over hiking taxes is closed.

They say they are willing to close loopholes, but only in the context of a sweeping reform of the tax code, and maintain that Obama wants to use proceeds from any immediate revenue rises for more bloated government spending.

Hundreds of thousands of public employees and private contractors are threatened by the cuts.

- AFP/jc

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U.S. suing Lance Armstrong

Lance Armstrong over the years

Lance Armstrong over the years

Lance Armstrong over the years

Lance Armstrong over the years

Lance Armstrong over the years

Lance Armstrong over the years

Lance Armstrong over the years

Lance Armstrong over the years

Lance Armstrong over the years

Lance Armstrong over the years

Lance Armstrong over the years

Lance Armstrong over the years

Lance Armstrong over the years

Lance Armstrong over the years

Lance Armstrong over the years

Lance Armstrong over the years

Lance Armstrong over the years

Lance Armstrong over the years

Lance Armstrong over the years

Lance Armstrong over the years

Lance Armstrong over the years

Lance Armstrong over the years

Lance Armstrong over the years

Lance Armstrong over the years

Lance Armstrong over the years

Lance Armstrong over the years

Lance Armstrong over the years

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STORY HIGHLIGHTS

• U.S. Justice Department will file formal complaint in 60 days


• Feds won't allow Armstrong and managers "to walk away" with tens of millions of dollars


• "The defendants failed to live up to their agreement," postal official says


• "We disagree...whether the Postal Service was damaged," Armstrong attorney says

(CNN) -- The U.S. Department of Justice said Friday it has joined the whistle-blower lawsuit against cyclist Lance Armstrong that was originally filed by a former teammate.

The Justice Department will file its formal complaint in 60 days.

Armstrong, the onetime legendary and now disgraced cyclist, has admitted to using performance-enhancing drugs. He was the team's lead rider when the U.S. Postal Service sponsored the team from 1996 to 2004 and Armstrong won six of his seven Tour de France titles, the Justice Department said.

The civil lawsuit alleges that Armstrong and former team managers submitted false claims for government funds to the sponsoring Postal Service by their "regularly employing banned substances and method to enhance their performance" in violation of the sponsorship agreement, the federal announcement said.

"Today's action demonstrates the Department of Justice's steadfast commitment to safeguarding federal funds and making sure that contractors live up to their promises," Stuart F. Delery, principal deputy assistant attorney general for the civil division, said in a statement.

Read the lawsuit

Between 2001 and 2004, the Postal Service paid $31 million in sponsorship fees, but that affiliation has now been "unfairly associated with what has been described as 'the most sophisticated, professionalized, and successful doping program that sport has ever seen,' " said Ronald C. Machen Jr., U.S. Attorney for the District of Columbia.

"In today's economic climate, the U.S. Postal Service is simply not in a position to allow Lance Armstrong or any of the other defendants to walk away with the tens of millions of dollars they illegitimately procured," Machen said.

The suit also names as defendants Johan Bruyneel, who had managed the U.S. Postal Service and Discovery racing teams on which Armstrong raced, and Tailwind Sports, which was the team's management entity, the Justice Department said.

The Justice Department is joining the lawsuit's allegations against Bruyneel and Tailwind, but it isn't intervening in the suit's claims against several other defendants, the agency said.

The U.S. Postal Service supported the intervention.

"The defendants agreed to play by the rules and not use performance enhancing drugs," general counsel and executive vice president Mary Anne Gibbons said in a statement. "We now know that the defendants failed to live up to their agreement, and instead knowingly engaged in a pattern of activity that violated the rules of professional cycling and, therefore, violated the terms of their contracts with the Postal Service."

The lawsuit accuses the former management of Armstrong's team of defrauding the federal government of millions of dollars because it knew about the drug use and didn't do anything.

The federal government had been evaluating for weeks whether to intervene in the lawsuit.

An attorney for Armstrong, Robert Luskin, said that ongoing discussions between the federal government and Armstrong's legal team had collapsed.

"Lance and his representatives worked constructively over these last weeks with federal lawyers to resolve this case fairly, but those talks failed because we disagree about whether the Postal Service was damaged," Luskin said. "The Postal Service's own studies show that the service benefited tremendously from its sponsorship -- benefits totaling more than $100 million."

Armstrong's attorneys declined to comment further on Friday's Justice Department announcement.

Former teammate Floyd Landis, who was stripped of his 2006 Tour de France title after failing a drug test, filed the lawsuit in 2010 against the team, which was sponsored the U.S. Postal Service.

As of midday Friday, the whistle-blower suit remained under court seal.

Landis was a teammate of Armstrong on the Postal Service sponsored team from 2002 to 2004, and his lawsuit was filed under the False Claims Act, the Justice Department said. That act is commonly called the whistle-blower law.

The law permits the federal government to investigate allegations and intervene, the Justice Department said.

The act was originally passed in 1863 when government officials were concerned that suppliers to the Union Army during the Civil War could be defrauding them.

In 1986, Congress modified the law to make it easier for whistle-blowers to bring cases and give them a larger share of any penalties collected. Whistle-blowers can now take home between 15% and 30% of the sums collected in their cases.

For years, Armstrong had denied drug use and blood doping, but he publicly admitted such use in January, three months after international cycling's governing body stripped him of his seven Tour de France titles.

That stripping came after a damning report by the U.S. Anti-Doping Agency accused Armstrong and his team of the "most sophisticated, professionalized and successful doping program" in cycling history.

That agency praised the Justice Department's announcement.

"The U.S. Postal Service Cycling Team was run as a fraudulent enterprise and individuals both inside and outside of sport aided and abetted this scheme and profited greatly," CEO Travis T. Tygart said in a statement.

CNN's Jason Morris in Dallas contributed to this report.

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Pentagon grounds F-35 fleet after engine crack found

WASHINGTON The Pentagon on Friday grounded its fleet of F-35 fighter jets after discovering a cracked engine blade in one plane.

The problem was discovered during what the Pentagon called a routine inspection at Edwards Air Force Base, Calif., of an F-35A, the Air Force version of the sleek new plane. The Navy and the Marine Corps are buying other versions of the F-35, which is intended to replace older fighters like the Air Force F-16 and the Navy F/A-18.

All versions -- a total of 51 planes -- were grounded Friday pending a more in-depth evaluation of the problem discovered at Edwards. None of the planes have been fielded for combat operations; all are undergoing testing.

In a brief written statement, the Pentagon said it is too early to know the full impact of the newly discovered problem.

The F-35 is the Pentagon's most expensive weapons program at a total estimated cost of nearly $400 billion. The Pentagon envisions buying more than 2,400 F-35s, but some members of Congress are balking at the price tag.

Friday's suspension of flight operations will remain in effect until an investigation of the problem's root cause is determined.

The Pentagon said the engine in which the problem was discovered is being shipped to a Pratt & Whitney facility in Connecticut for more thorough evaluation.

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Jodi Arias' Friends Believe in Her Innocence

Accused murderer Jodi Arias believes she should be punished, but hopes she will not be sentenced to death, two of her closest friends told ABC News in an exclusive interview.

Ann Campbell and Donavan Bering have been a constant presence for Arias wth at least one of them sitting in the Phoenix, Ariz., courtroom along with Arias' family for almost every day of her murder trial. They befriended Arias after she first arrived in jail and believe in her innocence.

Arias admits killing her ex-boyfriend Travis Alexander and lying for nearly two years about it, but insists she killed Alexander in self defense. She could face the death penalty if convicted of murder.

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Jodi Arias Doesn't Remember Stabbing Ex-Boyfriend Watch Video

Nevertheless, she is aware of the seriousness of her lies and deceitful behavior.

The women told ABC News that they understand that Arias needs to be punished and Arias understands that too.

"She does know that, you know, she does need to pay for the crime," Campbell said. "But I don't want her to die, and I know that she has so much to give back."

Catching Up on the Trial? Check Out ABC News' Jodi Arias Trial Coverage

The lies that Arias admits she told to police and her family have been devastating to her, Bering said.

""She said to me, 'I wish I didn't have to have lied. That destroyed me,'" Donovan said earlier this week. "Because now when it's so important for her to be believed, she has that doubt. But as she told me on the phone yesterday, she goes, 'I have nothing to lose.' So all she can do is go out there and tell the truth."

During Arias' nine days on the stand she has described in detail the oral, anal and phone sex that she and Alexander allegedly engaged in, despite being Mormons and trying to practice chastity. She also spelled out in excruciating detail what she claimed was Alexander's growing demands for sex, loyalty and subservience along with an increasingly violent temper.

Besides her two friends, Arias' mother and sometimes her father have been sitting in the front row of the courtroom during the testimony. It's been humiliating, Bering said.

"She's horrified. There's not one ounce of her life that's not out there, that's not open to the public. She's ashamed," she said.

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Football: Laudrup tells Swansea to take initiative in final

LONDON: Swansea City coach Michael Laudrup said his side should have no concerns about being branded favourites ahead of their meeting with fourth-tier Bradford City in Sunday's English League Cup final.

Swansea will be appearing in their first major cup final, but their achievement pales in comparison to that of Bradford, who have eliminated three Premier League sides en route to Wembley Stadium.

League Two Bradford are the first team from the English fourth division to reach the League Cup final since Rochdale in 1962 and Laudrup said Swansea must be prepared to shake off their own underdog mindset as a result.

"I would think if you go back, it's very rare to see a major final between a small team in the top flight and a team from the lower leagues," said the Dane.

"When teams from lower down get to the final, it is normally against Manchester United, Manchester City, Chelsea, Arsenal, Tottenham or Liverpool -- like when Birmingham played Arsenal (in 2011).

"This is different because although we are one of the lower teams, we have to accept we are favourites and we must take the initiative in the game.

"We have no problem with that and we accept the majority of people will want Bradford to win as they are the underdogs.

"We have seen what they have done to Wigan, Arsenal and especially to Aston Villa over two legs.

"It is fantastic. If you say what we have done is a fairytale, then the fact Bradford are there is a huge fairytale."

Laudrup also confirmed that Spanish centre-back Chico Flores will not be available to play at Wembley after he ruptured ankle ligaments in the 4-1 league win over Queens Park Rangers on February 9.

"Chico tried today (Thursday) to go out and train, but it was much too early, we all knew that," said Laudrup.

"It is an injury you would normally estimate to be out for four to eight weeks and this Saturday would be two weeks.

"It is such an important game, but today he realised it is much too soon and he has to accept the fact."

In Flores' absence, Kyle Bartley and club captain Garry Monk will vie for the right to partner Ashley Williams in central defence.

Laudrup also revealed that German second-choice goalkeeper Gerhard Tremmel will continue between the posts, having been preferred to first-choice custodian Michel Vorm in Swansea's previous games in the competition.

- AFP/fa

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Drew Peterson gets 38 years for ex-wife's murder

By Michael Christian and Greg Botelho, CNN

updated 6:30 PM EST, Thu February 21, 2013

STORY HIGHLIGHTS

• NEW: State's attorney describes Drew Peterson as a "cold-blooded killer"


• NEW: Vowing to appeal, a defense lawyer says his client was "railroaded"


• The Chicago-area police sergeant was convicted of murdering his third wife


• He is sentenced to 38 years in prison and will get credit for nearly 4 years served

(CNN) -- After years policing Illinois streets for criminals, Drew Peterson is now among them -- and will be for more than three decades, a judge ruled Thursday.

Will County Judge Edward Burmila sentenced Peterson to 38 years in prison in the murder of his third ex-wife, Kathleen Savio, said state's attorney spokesman Charles B. Pelkie.

The former Chicago-area police sergeant will get credit for the nearly four years that he has been in custody, according to Pelkie, a spokesman for Will County State's Attorney James Glasgow. He could have received as many as 60 years in prison; Illinois does not have a death penalty.

"The reason that I never looked Drew Peterson in the eye is because I never acknowledged his existence," said Glasgow, describing the convict as a "cold-blooded killer."

"But I looked him in the eye today," the prosecutor said. "He knows that we did our job."

Peterson was convicted of murder in September but had fought for a new trial, an effort that Burmila denied Thursday, just before the sentencing, Pelkie said.

Peterson's lawyers promised Thursday that they would press on with their appeal and expressed confidence they would prevail. They stood by their client, who made long and emotional remarks in court, claiming he never should have been found guilty of murder.

"Wouldn't you be angry if you were wrongly convicted?" said one of his attorneys, Steve Greenberg.

"In this case, (the prosecution) changed everything ... How would you feel if you were railroaded?"

Savio was found dead in her dry, clean bathtub on March 1, 2004. Prosecutors said Peterson killed her; the defense contended that she fell, hit her head and drowned.

The headline-grabbing case did not arise until after Peterson's fourth wife, Stacy, disappeared in October 2007. It was during the search for Stacy Peterson -- who still has not been found -- that investigators said they'd look again into Savio's death, which was initially ruled an accidental drowning.

Authorities altered their judgment and ruled Savio's death a homicide in February 2008, setting the stage for the first-degree murder trial last year of Peterson, a former police officer in Bolingbrook, Illinois.

A Will County jury convicted him of murder after nearly 14 hours of deliberation.

"Finally, somebody heard Kathleen's cry," the victim's mother, Marcia Savio, said after the verdict. "Twelve people did the right thing, oh, thank God."

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Movement in budget cuts battle?

Play Video

Sequestration poses threat to government agency budgets

For the first time since the waning days of the "fiscal cliff" battle in late December, President Obama reached out to congressional Republican leaders to talk about next week's impending budget cuts known as the sequester.

"He placed calls earlier today to [Senate Minority Leader Mitch] McConnell and [House] Speaker [John] Boehner," White House spokesman Jay Carney announced today. "Had good conversations, but I have no further readout of those calls for you."

Both Boehner's and McConnell's offices confirmed the calls took place but neither would give details about what was discussed. An aide to Boehner said "the last substantive conversation" he had with the president was on Dec. 28; McConnell's office told CBS News it was Mr. Obama's first outreach to McConnell since New Year's Eve.

Administration and GOP congressional sources told CBS News political director John Dickerson that no progress was made in today's conversations. The sources say Republicans, resisting the president's idea to replace the sequester cuts with savings founds through the tax code, believe Mr. Obama's call was a public relations stunt and not a new basis for negotiation.

Today on Rev. Al Sharpton's radio show, Mr. Obama said, "We continue to reach out to the Republicans and say 'this is not going to be good for the economy and it's not going to be good for ordinary people,' but I don't know if they're going to move. And that's what we're going to have to try to keep pushing over the next seven, eight days."

"Whether or not we can move Republicans at this point to do the right thing is what we're still trying to gauge," Mr. Obama said.

The calls come a day after Boehner wrote an op-ed criticizing the president charging that the public "might not realize from Mr. Obama's statements is that [the sequester] is a product of the president's own failed leadership."

The $1.2 trillion sequester cuts, which were initially set to kick in on Jan. 1, emerged out of Congress' 2011 budget negotiations. Congress agreed that if a congressional "supercommittee" couldn't come up with an acceptable deficit reduction plan, Congress would just slash $1.2 trillion from the budget over 10 years -- half coming from defense spending and half from non-defense. Nearly everyone in Washington agrees that indiscriminately slashing $1.2 trillion would damage the economy, but lawmakers can't agree on a deficit reduction package with which to replace the cuts.

Given the economic damage the sequester would inflict, Congress this year stalled the cuts for two months -- which is why they're set to go into effect on March 1. Unless Congress acts before then, $85 billion in across-the-board cuts will kick in this year.

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Las Vegas Shooting Launches Multi-State Manhunt

An argument in the valet area of a Las Vegas hotel led to a deadly drive-by shooting on the occupants of a Maserati on Vegas' glitzy strip, initiating a multi-state manhunt for the black Range Rover from which the shots were fired.

Three people were left dead in the attack, including two who died when their taxi was struck by the careening sports car and exploded into flames.

"What happened is not just tragic, but underscores the level of violence we see sometimes here in Las Vegas as well as across America," Las Vegas Metropolitan Sheriff Doug Gillespie said at a news conference today. "Clearly, the suspects in this shooting have no regard for the lives and safety of others."

The altercation took place in the valet area of the Aria resort and casino. Gillespie said there is currently "no indication" what the squabble was about.

Gillespie said that authorities do not know how many people are in the SUV, but that they are considered armed and dangerous. He warned members of the public to stay away from it.

"You should not take action," he said. "Instead, call your local police department and alert them to the whereabouts of the suspect vehicle."

Authorities in Nevada, Utah, Arizona and California are all on alert for the car.

"These individuals will be found," Gillespie said. "They will be prosecuted to the full extent of the law."

Steve Marcus/Las Vegas Sun/AP Photo

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The Range Rover SUV shot at two people in the Maserati, which caused a multi-car crash. Police have not released the model of the Maserati, but the price of a new Maserati ranges from $123,000 to $142,000.

Police said that they believe a group of men riding in a black Range Rover Sport SUV pulled up alongside the Maserati around 4:20 a.m. today and fired shots into the car, striking the driver and passenger, according to Officer Jose Hernandez of the Las Vegas Metropolitan police department.

The Maserati then swerved through an intersection, hitting at least four other cars. One car that was struck, a taxi with a driver and passenger in it, caught on fire and burst into flames, trapping both occupants, Hernandez said.

The SUV then fled the scene, according to cops.

Gillespie said investigators are in the process of gathering video footage from hotels, casinos and the taxi cabs that were at the intersection.

The driver of the Maserati died from his gunshot wounds at University Medical Center shortly after the shooting, according to Sgt. John Sheahan.

The driver and passenger of the taxi both died in the car fire.

At least three individuals, including the passenger of the Maserati, were injured during the shooting and car crashes and taken to UMC hospital for treatment.

Authorities said the Maserati passenger, identified only as a man, sustained only a minor injury to his arm. He is speaking to and cooperating with police.

They do not yet know whether the cars had local plates or were from out of state.

No bystanders were hit by gunfire, Hernandez said.

"We're currently looking for a black Range Rover Sport, with large black rims and some sort of dealership advertising or advertisement plates," Hernandez said. "This is an armed and dangerous vehicle."

The Las Vegas Convention and Visitors Authority had no immediate comment about the safety of tourists in the wake of the shooting today.

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