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Whoever is sworn in as president in January, the new chief executive will have less than a year to make a deal with Congress or watch the military’s budget be automatically slashed by 10 percent.The Budget Control Act caps federal spending through 2021 unless Congress either relaxes the strictures, as it has done most years since the law was passed in 2011, or repeals it outright.“I think the [Budget Control Act] is probably the biggest challenge that the next administration…
