Will Obama get "Sophie's Choice?"

Days before the March 1 deadline, Senate Republicans are circulating a draft bill that would cancel $85 billion in across-the-board spending cuts and instead turn over authority to President Barack Obama to achieve the same level of savings under a plan to be filed by March 8. In other words - Republicans want to say, "You still have to cut things, Mr. President, but instead of cutting them the way we voted for, we're going to give you the Sophie's Choice of what to cut. And, that way, you'll own the cuts, instead of us owning them."