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Archive: News / U.S. / Congress (1 Stories)

Big or small, spending-cut efforts hit roadblocks

03/03/2014 1:52am
The budget gurus in Congress have failed for years to find a grand bargain to reduce the government's long-term debt, so this year they decided to go small. Just 1 percentage point would be shaved from the annual cost-of-living increase in military pensions for veterans under age 62.