Rick Scott Gives Obama Pointers on How to Budget

Florida Gov. Rick Scott gave President Barack Obama advice Wednesday on how to properly manage a budget.

Scott sent a letter to the president urging him to avoid the meat cleaver of budget cuts, known as sequestration, that are set to begin Friday. The governor advised Obama to follow his lead on how to deal with fiscal issues.

It is imperative that your administration lead the country to a position of economic strength by reducing spending and borrowing, and paying down debt, Scott wrote. We have done that here in Florida. Over the last two years, we have cut taxes, right-sized our budget and paid down state debt for two years in a row.

The letter comes two days after Scott accused the president and Congress of playing an elementary school game of chicken'" with the automatic federal budget cuts.

The governor warned the president of the thousands of jobs that could be lost in Florida if a deal is not made, as well as reminding him of the nearly $73.4 billion economic impact the defense industry is responsible for in the state.