WASHINGTON, DC—President Obama used this week’s address to urge Congress to stop the harmful automatic cuts that threaten thousands of jobs and affect our national security—called the sequester—from taking effect on March 1st. The President and Congressional Democrats have already put forward solutions to avoid these cuts and reduce the deficit in a balanced way, and now it’s time for Congressional Republicans to compromise by closing some loopholes that protect the wealthiest Americans so that we can reduce the deficit in a balanced way and create jobs for the middle class.
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