Reuters: Politics: Obama says Congress ought to avert year-end budget cuts

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Obama says Congress ought to avert year-end budget cuts Jul 23rd 2012, 20:10 Tweet Share this Email Print Related News White House says "will be prepared" if spending cuts bite Wed, Jul 11 2012 Obama challenges Republicans to keep tax cuts for middle class Mon, Jul 9 2012 U.S. President Barack Obama speaks at the 113th VFW National Convention in Reno, Nevada, July 23, 2012. Credit: Reuters/Larry Downing RENO, Nevada | Mon Jul 23, 2012 4:10pm EDT RENO, Nevada (Reuters) - President Barack Obama said on Monday there was no reason across-the-board budget cuts should occur at the end of this year, saying lawmakers in Congress ought to agree on a balanced plan to avoid the widely feared pinch. In a speech to veterans, Obama said it was still possible to avert the pending cuts to defense and other areas that stem from a failure to reach a deal to reduce the federal deficit. "There's no reason that should happen because people in Congress ought to be able to come together and agree on a plan, a balanced approach that reduces the deficit and keeps our military strong. It should be done," he said. (Reporting By Alister Bull in RENO and Margaret Chadbourn in WASHINGTON; Writing by Laura MacInnis; Editing by Jackie Frank) Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.

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