A day before he unveils his plans for the U.S. auto industry, President Barack Obama said car makers, unions and creditors will have to make sacrifices to weather the economic slump and emerge "lean and mean."

"They're not quite there yet," Obama told CBS News's Face the Nation.

With a Tuesday deadline looming for General Motors Corp. GM) and Chrysler LLC (C.XX) to show that they are on the road to viability, Obama will make an announcement on the industry Monday morning. GM and Chrysler, which took $17.4 billion in government assistance late last year, have asked for another $22 billion. Obama didn't say if the request will be granted, but has hinted that he's willing to give further help to the firms in exchange for significant sacrifices.

"What we're trying to let them know is that we want to have a successful auto industry, U.S. auto industry. We think we can have a successful U.S. auto industry, but it's got to be one that is realistically designed to weather this storm and to emerge at the other end much more lean, mean and competitive that it currently is," Obama told CBS.

"And that's going to mean a set of sacrifices from all parties involved - management, labor, shareholders, creditors, suppliers, dealers. Everybody's going to have to come to the table and say it's important for us to take serious restructuring steps now in order to reserve a brigther future down the road.

"They're not there yet," Obama repeated.

Meanwhile, Treasury Secretary Timothy Geithner, interviewed on ABC's "This Week with George Stephanopoulos", refused to reveal any details of the government's plans for the auto industry.

On other issues, Obama denied that he has abandoned his signature "Making Work Pay" tax credit, which would be phased out after two years under current budget proposals. The president said he will work to find a way to pay for the credit that is acceptable to lawmakers.

"What've I've said is, if you don't wanna pay for it in those ways, let's find another way to pay for it. I think it's still the right thing to do. And I'm gonna be pushing as hard as I can to get it done in this budget," he said. "If it's not done in this budget then I'm gonna keep on pushing for it next year and the year afterwards so that we don't see a drop-off."

Asked about his high-profile meeting last week with the country's top banking executives, Obama said he urged the financial sector to "show some restraint."

"Help me help you," Obama said he told the bankers at the White House Friday. "It's very difficult for me as president to call on the American people to make sacrifices to help shore up the financial system if there's no sense of mutual obligation and mutual help."

"Now, the flip side is, I've gotta explain to the American people we're not gonna get this recovery if we don't see a recovery of the financial sector," he said. "And there's no separation between Main Street and Wall Street. We're all in this together. And it's my job to help keep that focus as we move forward."

The president elaborated on his recently-unveiled strategy in Afghanistan and Pakistan. He called the conflict in Afghanistan "America's war," and said the U.S. would work with Pakistan's government to take out any known "high-value" targets in that country.

But he said he won't send U.S. ground troops into Pakistan.

"No," Obama said. "Our plan does not change the recognition of Pakistan as a sovereign government. We need to work with them and through them to deal with al Qaeda."

The president is adding 4,000 military trainers to the already-authorized troop increase of 17,000 in Afghanistan.

On Iraq, Obama said although country is moving in the right direction, he won't hasten the withdrawal of U.S. troops.

"No, I think the plan that we put forward in Iraq is the right one, which is, let's have a very gradual withdrawal schedule through the national elections in Iraq," he said. "There's still work to be done on the political side to resolve differences between the various sectarian groups around issues like oil, around issues like provincial elections."

-By Henry J. Pulizzi, Dow Jones Newswires; 202-862-9256; henry.pulizzi@dowjones.com