Saturday, 2 March 2013

Obama presses Congress for deal to end spending cuts

Obama speaks about the sequester in Washington WASHINGTON (Reuters) - Just hours after across-the-board spending cuts officially took effect, President Barack Obama pressed Congress on Saturday to work with him on a compromise to halt a fiscal crisis he said was starting to "inflict pain" on communities across the United States. Obama and a bipartisan group of congressional leaders failed on Friday to avoid the deep spending reductions known as the "sequester," which automatically kicked in overnight in the latest sign of dysfunction in a divided Washington. ...




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