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More federal budget cuts under the automatic spending reductions known as sequestration will hit in 2014. (AP photo)

Automatic spending cuts would bite more in 2014

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By Andrew Taylor

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WASHINGTON (AP) — It's not just longstanding battles over taxes and curbing mandatory spending that are obstacles to a year-end pact on the budget. Another problem is a perception among some lawmakers that the automatic spending cuts known as sequestration haven't been as harsh as advertised.

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