Obama signs order to begin $85B in spending cuts


“WASHINGTON –  President Obama signed an  order authorizing the government to begin cutting $85 billion from federal  accounts, officially enacting across-the-board spending reductions.

Obama acted Friday, the deadline for the president and Congress to avoid the  steep, one-year cuts…”

Read more:  http://www.foxnews.com/politics/2013/03/02/white-house-to-enact-sequester-cuts-friday-amid-questions-over-impact/#ixzz2MQEI72q5

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