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Old 02-08-2013, 05:14 PM
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Default 'No Reason' for Automatic Spending Cuts, Obama Says

'No Reason' for Automatic Spending Cuts, Obama Says

02-07-2013 09:00 PM

Deep, across-the-board spending cuts slated to take effect March 1 could severely affect military readiness and should not happen, President Barack Obama said during a farewell tribute to retiring Defense Secretary Leon E. Panetta at Joint Base Myer-Henderson Hall, Va.

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