Spending cuts that are part of the looming sequester could cause big job losses in defense and other industries. U.S. Navy/Getty Images hide caption

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Republican House Speaker John Boehner administers the oath of office to Amash during a mock swearing-in ceremony on Jan. 5, 2011, at the start of Amash's first term. Jacquelyn Martin/AP hide caption

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House Speaker John Boehner of Ohio bangs the gavel after being re-elected as House Speaker of the 113th Congress on Thursday on Capitol Hill in Washington. Susan Walsh/AP hide caption

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President Obama and House Speaker John Boehner at the White House in November. Carolyn Kaster/AP hide caption

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House Speaker John Boehner, R-Ohio (right), and Majority Leader Eric Cantor, R-Va., enter a Republican caucus meeting at the U.S. Capitol on Tuesday. Jacquelyn Martin/AP hide caption

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A protester at a fiscal cliff rally on Monday in Doral, Fla. Joe Raedle/Getty Images hide caption

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Speaker John Boehner leaves his office Tuesday and walks to the House floor to deliver remarks about negotiations with President Obama on the fiscal cliff. J. Scott Applewhite/AP hide caption

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President Obama and House Speaker John Boehner at the White House on Nov. 16. Administration officials say the two men met Sunday to discuss the "fiscal cliff." Carolyn Kaster/AP hide caption

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Speaker John Boehner's sway over fellow House Republicans appears to be on the rise. Pablo Martinez Monsivais/AP hide caption

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President Obama and House Speaker John Boehner on Nov. 16. Carolyn Kaster/AP hide caption

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Jimmy Stewart in a scene from the 1939 film Mr. Smith Goes to Washington. AP hide caption

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President Obama speaks Wednesday while meeting with citizens at the White House. Obama called on Republicans to halt an automatic tax hike for middle-class Americans. Jewel Samad/AFP/Getty Images hide caption

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President Obama speaks about the economy and the deficit Friday in the East Room of the White House. Carolyn Kaster/AP hide caption

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