Obama proposes short-term budget fix to delay spending cuts

budget

By Jeff Mason and Mark Felsenthal

(Reuters) – President Barack Obama will propose on Tuesday that Congress pass a small package of spending cuts and tax reforms to delay larger, automatic cuts from going into effect and give Washington more time to agree on a broader budget deal.

Read more:

http://www.reuters.com/article/2013/02/05/us-usa-fiscal-obama-idUSBRE9140RV20130205

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