Top US Senate Republican: Automatic budget cuts to happen

By REUTERS
February 13, 2013 00:49




WASHINGTON - The US Senate's top Republican predicted on Tuesday that automatic spending cuts will take effect on March 1 as scheduled.

Senate Minority Leader Mitch McConnell said he did not expect some last-minute deal to materialize that would avert the cuts, known in budget jargon as a "sequester."

"Read my lips: I'm not interested in an 11th-hour negotiation," McConnell told reporters.

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