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WASHINGTON, DC--President Barack Obama hopes to avoid painful defense cuts that could come about under the congressional sequestration process.

In an exclusive interview with 13News, the president said he doubts any deal can be reached before the November election, but he's confident big military reductions will not actually take place.

Virginia stands to lose 207,000 jobs and $21 billion in economic impact, according to a George Mason University study.

The president also weighed in on Tri-Care benefits for military families, the importance of Virginia and Hampton Roads in terms of campaign strategy, and on a controversial short film which claims his administration leaked too much operational information about the Osama bin Laden raid.

Today's exclusive interview took place at the White House in the West Wing's Roosevelt Room.

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