Senate Minority Leader Mitch McConnell (R-KY) predicted that automatic spending cuts will take effect on March 1 as scheduled, Reuters reports.
Said McConnell: “It’s pretty clear to me that the sequester’s going to go into effect. I have seen no evidence that the House plans to act on this matter before the end of the month.”
He added: “Read my lips: I’m not interested in an 11th-hour negotiation.”


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