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Obama says cuts will not come too quickly
August 1, 2011 / 12:56 AM / 6 years ago

Obama says cuts will not come too quickly

WASHINGTON (Reuters) - President Barack Obama said on Sunday that spending cuts included in deal to raise the debt ceiling will not happen so quickly that they will drag on the fragile U.S. economy.

In a brief statement, Obama said he would make a detailed case over the next few months for a blanched approach to deficit reduction.

Reporting by JoAnne Allen

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