Poll: Obama approval drops seven points on sequester worries

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The Reuters poll is the second consecutive national survey to show a dramatic fall for the president's approval rating. On Tuesday, Gallup showed the president's approval rating in its tracking poll had fallen to 46 percent, the lowest point of his second term. That was down from 53 percent just a week earlier.

On Tuesday, White House press secretary Jay Carney dismissed the sagging numbers, pointing to the sometimes breathless coverage of daily tracking polls during the 2012 presidential campaign.

"Before we say anything is clear based on one poll, could we just remember, just think back a few months to the summer and fall of 2012, and understand that we're here focused on the president's agenda, getting the work done that we think is most beneficial to the middle class," Carney said.

Reuters and Ipsos interviewed 1,797 adults for its survey between March 1-5.