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John CooneyThe new Congress and the Obama Administration are in the early stages of determining each other’s position on federal spending and taxes for this fiscal year and for 2012. Neither side has yet obtained an advantage in the early skirmishes, nor decided to precipitate a confrontation over their policy disagreements. So far, all parties have agreed to avoid a shutdown of noncritical federal functions by passing a short-term Continuing Resolution that funded the government for another two weeks.

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