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Washington Notebook: Sequester spells delay for international commerce

Regulatory

Tuesday, February 19, 2013

The U.S. Department of Homeland Security is preparing for the worst with the blunt tool of across-the-board spending cuts known as sequestration, which is scheduled to kick in March 1 unless Congress acts to replace it with a more measured deficit-reduction package. In testimony last Thursday before the Senate Appropriations Committee, Homeland Security Secretary Janet Napolitano said the automatic budget cuts resulting from the 2011 debt-ceiling agreement would diminish border sec...

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