Obama: Sequester Cuts "Will Not Happen"

The remark stakes new ground for the president, who has said he wants to avert the sequester cuts by taking a "balanced" approach to solving the budget debacle — meaning he will not sign off on a deal that cuts spending, but doesn't increase revenues.
October 23, 2012

The remark stakes new ground for the president, who has said he wants to avert the sequester cuts by taking a "balanced" approach to solving the budget debacle — meaning he will not sign off on a deal that cuts spending, but doesn't increase revenues.

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