Pentagon budget cuts hanging in the balance

The Associated Press is reporting negotiators from the House and Senate are promising to try to reach an agreement that would spare both the Pentagon and domest...

The Associated Press is reporting negotiators from the House and Senate are promising to try to reach an agreement that would spare both the Pentagon and domestic agencies from automatic spending cuts, the result of Washington’s failure to strike a budget deal. But taxes, again appear to be in the way — with top GOP negotiator Paul Ryan taking a firm stance against using tax revenues to ease the automatic cuts.

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