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Obama, Republicans cooperate on spending–for now

The Obama administration and congressional Republicans are quietly working in tandem to blunt the impact of short-term spending cuts that kicked in with dire White House warnings a few days ago, with both sides eager to pocket the full savings for deficit reduction as they pivot to a new clash...

By David Espo | Updated on March 06, 2013
(AP Photo/Pablo Martinez Monsivais)

WASHINGTON (AP) — The Obama administration and congressional Republicans are quietly working in tandem to blunt the impact of short-term spending cuts that kicked in with dire White House warnings a few days ago, with both sides eager to pocket the full savings for deficit reduction as they pivot to a new clash over Medicare.

The overall size of the cuts remains in place: $85 billion in reductions through the end of the budget year on Sept. 30, half from defense and half from domestic programs as diverse as education, parks and payments to doctors and hospitals treating Medicare patients.

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