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Lawmakers Have Until Midnight to Avoid Sequester

Lawmakers have until midnight tonight to strike a deal with the White House that would prevent the sequester (though some analysts are doubtful that will happen). The sequestration will make massive spending cuts mandatory across most government agencies (including the military) to the tune of $85 billion. If the president and GOP lawmakers can’t decide on a compromise to fiscal policy before the deadline this evening, the cuts could begin as soon as April …

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