News Headline Summary

Senator Reid says democrats to look at further short-term deferrals of planned spending cuts

- Any short-term deferral of sequester would involve new revenue and other spending cuts
- Barring congressional action USD 1.2trln in spending cuts would begin to be implemented from March 1st 2013

29 Jan 2013 - 19:43 - Economic Commentary - Source: Newswires

Subscribe Now to RANsquawk

Click here for a 1 week free trial

RANsquawk provides audio news and commentary for over 15,000 professional traders and brokers worldwide. Services include: