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Schumer: Details of budget cuts arriving Monday (via CNN Political Ticker)

April 10, 2011

Washington (CNN) — Democratic Sen. Chuck Schumer revealed Sunday that about half the $38.5 billion in cuts agreed upon in last week’s budget negotiations came from mandatory spending areas like agriculture and highway funding. The senior New York senator said reductions in the spending programs, known in appropriations parlance as "changes in mandatory spending" or CHIMPS, brought down spending while allowing other programs like Head Start to co … Read More

via CNN Political Ticker

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