Less than a month after averting one fiscal crisis, Washington began bracing for another, as lawmakers in both parties predicted that deep, across-the-board spending cuts would probably hit on March 1.
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Lacking agreement on a comprehensive plan to reduce a pension debt that's approaching $100 billion, the state's Democratic leaders are opting to line up in punt formation. They expect to approve a conference committee of lawmakers from both parties to spend weeks looking for common ground on the issue.