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The fiscal cliff reprise: Meet the sequester

There are less than three weeks to go until Washington's latest budget deadline — the $85 billion spending cut package known as the sequester.

There are less than three weeks to go until Washington’s latest budget deadline. It’s called the sequester and it involves $85 billion dollars in spending cuts.

Julia Coronado, chief economist with the investment bank BNP Paribas shares her thoughts on the economic impact of the sequester. 

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