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GOP shows openness to Obama budget plan
Federal Times: Key congressional Republicans are calling a comprehensive White House deficit-reduction plan a solid first step toward striking the kind of bipartisan deal that would substantially lessen defense spending cuts.
The White House last week quietly unveiled details of President Obama’s plan to further shrink the federal deficit by $1.8 trillion. The Obama administration’s blueprint, expected to be the backbone of next month’s fiscal 2014 budget request, proposes trimming future Pentagon spending by only $100 billion in 10 years — $400 billion less than mandated under the sequester.
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