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Wall Street Journal: Furman: White House to Give Congress Wide Berth on Budget

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A top White House official said Monday that the Obama administration would not draw lines in the sand yet as congressional budget negotiators try to determine how to replace across-the-board spending cuts, deferring to lawmakers as talks face a deadline next month. Jason Furman, chairman of the White House’s Council of Economic Advisers, said the Obama administration would prefer to...