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Congressional Budget Office: Canceling sequestration would create 900,000 jobs

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Ending the across-the-board spending cuts mandated by the 2011 congressional debt ceiling deal would increase employment by nearly 1 million jobs by next year, according to Congressional Budget Office projections released Thursday. The CBO analyzed the impact of canceling the cuts known as sequestration in response to a request from Rep. Chris Van Hollen of Maryland, the ranking Democrat on the...

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