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Lew Says Obama Will Reject Cuts Proposed by Republicans in Upcoming Budget Talks

The Obama administration dug in Sunday on its vow to reject proposed spending cuts by congressional Republicans in upcoming budget talks, but declined to say whether the president would veto their proposals or allow a government shutdown.

Treasury Secretary Jack Lew told "Fox News Sunday" that President Obama will neither sign government funding bills that slash domestic spending nor negotiate with Republicans over spending cuts to reduce the federal debt limit.

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