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

Print 19:44, 29 Jan 2013 - Economic commentary - Source: Newswires