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The modest $85 billion US budget deal: highlights

he modest $85 billion U.S. budget deal reached in Congress on Tuesday gives both Democrats and Republicans something to brag about. Republicans can say they did not increase taxes and found additional ways to reduce the deficit. Democrats can say they found relief from forced spending cuts on education and other domestic spending programs, while avoiding major changes to Medicare and Social Security benefits for the elderly. And both sides can say they helped the military avoid deeper cuts. Read more…

 

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