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Goldman Sachs: Effects of the sequester now showing up in the data

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Almost half a year after the across-the-board federal budget cuts known as sequestration went into effect, Goldman Sachs thinks it has finally found evidence that the cuts are affecting the economy. In a note published early Wednesday morning, the bank said that sequestration is slowing down economic growth by holding back personal income growth, shrinking government employment, and hurting...

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