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White House backs Harry Reid plan to replace budget cuts

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The White House on Wednesday endorsed a plan offered by Sen. Harry Reid that would use war savings to offset $85 billion in spending cuts that went into effect this year. It’s a bit of a reversal for President Obama, who previously said he would not accept any measure to replace the so-called sequester if it did not include higher taxes. “We support this effort to allow both sides to find a...

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