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2013 discretionary spending could reach pre-stimulus levels

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Federal discretionary spending is on track to return to pre-stimulus levels in 2013 on an inflation-adjusted basis, notes a Senate Republican aide. Senate Democrats have begrudgingly agreed to a government funding measure that will lock in the automatic spending cuts, or post-sequester spending levels, through September – the end of the 2013 fiscal year. Currently, the Congressional Budget...

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