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How spending would be cut under sequester

Posted By -NO AUTHOR- On 02/22/2013 @ 11:55 pm In Money,U.S.,WND TV | No Comments

(Wall Street Journal) On March 1, $85 billion in across-the-board federal spending cuts—known in Washington parlance as the sequester—are set to begin, prompted by a 2011 law designed to reduce the government’s budget deficit. Here are answers to some commonly asked questions about how it would work, assuming it takes effect as scheduled.

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