Big or small, government spending cuts falter, belying promises to reduce deficits

  • Article by: ANDREW TAYLOR , Associated Press
  • Updated: March 3, 2014 - 3:32 AM

WASHINGTON — The budget experts in Congress have failed for years to find a grand bargain to reduce the government's long-term debt, so this year they decided to go small. Just 1 percentage point would be shaved from the annual cost-of-living increase in military pensions for veterans under age 62.

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