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Big or small, spending-cut efforts hit roadblocks

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The budget gurus 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. That strategy failed, too. Congress promptly caved in to pressure from the powerful veterans lobby and voted last month to restore ...

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