A budget plan that does not cancel sequestration budget cuts scheduled to take effect this fall will not pass the president's desk, the president has decreed.

"I will not," sign such a bill, President Obama said in an interview with The Huffington Post.

"And I've been very clear," he said, as quoted in the article. "We are not going to have a situation where, for example, our education spending goes back to its lowest level since the year 2000 -- since 15 years ago -- despite a larger population and more kids to educate. ... We can't do that to our kids, and I'm not going to sign it."

Obama's resolve signals a coming fight with congressional Republicans.

Read the full report here.

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