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Hiking Defense Spending For Social Security Cuts Is A ‘Stupid Trade’

Senate Majority Leader Harry Reid (D-Nev.) has no interest in a budget deal that trades sequestration relief for entitlement cuts, believing that future spending reductions scheduled to hit the Pentagon give Democrats the upper hand. Instead, he told The Huffington Post on Thursday, any large-scale debt-reduction deal must include increased revenue in exchange for changes to mandatory spending programs...Read More

 

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