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>> SPENDING CUTS Latest News

FEB 17, 2013 - San Francisco Chronicle

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White House seeks 'balanced way' to budget fix

White House seeks 'balanced way' to budget fix WASHINGTON (AP) — The new White House chief of staff says President Barack Obama is concerned about the effect the automatic budget cuts scheduled for next month will have on America's middle class. McDonough says the White House will push for what he calls a reasonable amount of spending cuts coupled with additional tax revenue.

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