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Senator Warren hammers GOP on spending cuts

Calls sequester ‘just plain dumb’

US Senator Elizabeth Warren today urged Republicans to accept what she called a “balanced proposal” from President Obama to ending the standoff over the series of extensive across-the-board federal spending cuts set to take effect Friday.

“It’s a little more balanced than I would have put on the table if I’d been in that position,” Warren said, describing Obama’s plan as a 50-50 split between spending cuts and “closing some corporate loopholes like oil company subsidies.”

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