Compromise needed for long-term budget fix
Don't look now, but more economic trouble looms for the nation in less than two weeks.
Unless Congress suddenly gets responsible, automatic spending cuts totaling $1 trillion over nine years will kick in on March 1.
This "sequestration," as it is known, was a sort of doomsday device planted in 2011 by Democrats and Republicans to force themselves to compromise on a long-term deficit-reduction plan.
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