Forbes -
11 Feb 2013 06:08

Last week, I noted that President Obama and other leading Democrats do not want scheduled mandatory spending cuts -- which were originally set to take effect on January 1, 2013 before being delayed for two months by the fiscal cliff negotiations - to kick in as scheduled, lest the reduced spending provide an additional hurdle to a still-suffering economy. Rather, the President wishes to postpone the cuts until 2014, and pay for the deferment with a mix of alternatively-targeted spending reductio...
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