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Budget

Senate Budget Plan Replaces Sequestration Cuts

Julie Samuel

Thursday, March 14th, 2013

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Senate Democrats unveiled a broad budget resolution Wednesday that calls for ending the $500 billion in across-the-board “sequestration” cuts to defense over a decade but keeping roughly half that amount--$240 billion--in targeted Pentagon reductions. “Our budget saves $240 billion by carefully and responsibly reducing defense spending while giving the Pentagon enough time to plan and align the reductions to time with the drawdown of troops from overseas,” Senate Budget Committee Chairwoman Patty Murray (D-Wash.) said Wednesday, the first of two…

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