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The GOP's sequester stumble

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President Obama has finally given the dreaded sequester some attention. The $1.2 trillion package of spending cuts - designed to be so punitive that neither party would ever allow them to phase in - is scheduled to take effect March 1. Congress, the president suggested Tuesday, should put it off for a few months, offsetting it with a mix of better-targeted spending cuts and overdue revisions to the tax code that would raise some money.

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