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Thursday, January 29, 2015

Obama to rally Democrats in Philly to kill sequester in budget

After giving up on his controversial plan to end 529 college savings plans, President Barack Obama will attempt to draw a new battle line with congressional Republicans over automatic spending cuts that remain baked into the nation's budget. The forced budget cuts, known as sequestration, which were passed by Congress and signed into law by Obama, took effect in 2013, resulting in sometimes dramatic impacts on agencies across the federal government.

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