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Examiner editorial: Obama's scare talk on spending cuts

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During the summer 2011 debt ceiling battle, President Obama's White House came up with the idea of sequestration. It is a mechanism designed to trigger automatic spending cuts in the event that a congressional "super committee" couldn't agree to at least $1.2 trillion in deficit reduction. Congress passed the White House proposal, and Obama signed it into law. And in November 2011, Obama vowed,...

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