WASHINGTON: President Barack Obama ordered $85 billion in budget cuts Friday that could slow the US economy and slash jobs, after blaming Republicans for refusing to stop the "dumb" spending cuts.
Obama complied with his legal obligations and initiated the automatic, across-the-board cuts in domestic and defence spending, following the failure of efforts to clinch a deal with Republicans on cutting the deficit.
- AFP/fa
Obama orders US$85b in budget cuts
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Obama orders US$85b in budget cuts