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March 3, 2013

The U.S. Capitol is seen in Washington. After months of dire warnings about the across-the-board spending cuts, Washington didn't implode, government didn't shut down and the $85 billion budget trigger didn't spell doom. On talk shows Sunday, neither Republicans or Democrats hinted at a tangible proposal for rolling back those cuts, yet both Republicans and Democrats have pledged to retroactively undo the cuts. Still Republicans insisted there would be no new taxes, and Democrats refused to talk about any bargain without them.