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Tuesday, March 20, 2012

Republicans Want Bigger Cuts In 2013 Budget

House Republicans are releasing a 2013 budget plan today that could produce even bigger spending cuts. The plan is expected to reduce agency operating budgets below levels negotiated last summer. Many of the $19 billion in cuts would hit the departments of Education, Energy, and Housing and Urban Development. Republicans also wanted House committees to scrub programs for savings that could prevent $100 billion in automatic spending cuts next year. Those cuts are set to happen, because of Congress' failed attempt last year to agree on a deficit-reduction plan.

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