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Obama Explains and Defends Sequestration

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Published on Mar 2, 2013

On the day Congress announced the bipartisan supercommittee had failed to reach an agreement, the President explained the next phase of the Budget Control Act. Sequester would cut $1.2T from the budget over ten years automatically. He defended this and even promised to veto any attempt to remove sequestration saying there would be "no easy off ramps."

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