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Congressional leaders reach a debt deal to avoid painful sequestration cuts

Congressional leaders make progress on debt, spending talks. Their aim is to avoid automatic spending cuts – and to minimize the chances of a government shutdown .

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That left them barely a day to strike a deal. cut called the "sequester." By the evening, the best thing that Senate majority leader harry Reid, D-Nev., could say about the talks was that there.

President Obama, Congress Battle Over Sequester Cuts Congressional leaders make progress on debt, spending talks – Congressional leaders make progress on debt, spending talks on WTOP | WASHINGTON (AP) – Top leaders of both parties in Congress made better-than-expected progress Tuesday on two must-do items on.

Congressional leaders make progress on debt, spending talks. debt bill set the stage for much-reviled automatic cuts known as sequestration. Without an agreement, the automatic cuts would total.

Housing inventory steadily declines in 2012 With few exceptions, housing starts have fallen steadily since last year. As low inventory and growing home values increased the number of people looking for new homes, construction has.

Congressional leaders reach a debt deal to avoid painful sequestration cuts. According to Time, the agreement sets spending levels for two years and removes scheduled automatic cuts in an attempt to avert another government shutdown. "The deal does little to resolve the much larger partisan divides on government spending, but if enacted,

The debt ceiling exercise is one of the most painful. cuts as part of any deal to avoid default, with the house freedom caucus on Thursday taking a formal position opposing a clean hike. Those.

The budget surpluses at the turn of the century soon returned to deficit with the adoption of policies that cut. to reach a deficit reduction agreement sufficient to garner the votes in the House.

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Congress must reach bipartisan budget deal WASHINGTON – Maine’s contributions to our national security stretch from Kittery to Limestone and affect workers in every one of our 16 counties. The defense industry directly employs some 8,500 hardworking, highly skilled men and women here in Maine with an annual payroll topping $550 million.

Child Advocates call on Congress to Address Economic Issues around Jobs, Child Poverty, Hunger, and Homelessness. Washington D.C. – Today, as Congressional leaders and White House officials race to pass legislation to avoid a default on the national debt, the First Focus Campaign for Children reacts to the bipartisan compromise reached last night, specifying what the deal means for America.

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These factors do not bode well for the passage of a deal to avoid sequestration in January 2020. White House officials and congressional leaders must not approach this matter with the nonchalance.

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