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Analysis: Obama, GOP see no need to stop the cuts
Modern Healthcare

Unlike in earlier rounds of budget brinkmanship, President Barack Obama and congressional Republicans both seem content to fight out their latest showdown on the current terrain, let across-the-board spending cuts take effect on March 1 and allow them to stay in place for weeks if not much longer.

This time, there is no market-rattling threat of a government default to force the two sides to compromise, no federal shutdown on the short-term horizon and no year-end deadline for preventing a tax increase for every working American.