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What red ink? As deficits dip, all sides seek more spending

WASHINGTON (AP) The deficit is dead. Long live the deficit. As the nation's ledger adjusts to decreasing levels of deficit spending, the voices in Washington calling for austerity are barely audible. Republicans want more defense spending. Democrats want more domestic spending. And President Barack Obama wants both. For the first time since the 2011 Budget Control Act put in place a series of automatic spending cuts, Obama might be in the best bargaining position to move the debate his way. a...

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