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iPath S&P 500 VIX ST Futures ETN Message Board

  • a_piece_of_paper a_piece_of_paper Mar 1, 2013 11:01 PM Flag

    Obama's Executive Order: Beginning Saturday til October 1st, markets will be marching up.

    Obama Orders Sequester: $85 Billion In Spending Cuts In Effect As Sequestration Begins
    WASHINGTON, March 1 (Reuters) - President Barack Obama on Friday signed an order that starts putting into effect across-the-board budget cuts known as the "sequester" after he and congressional leaders failed to find an alternative budget plan.

    The White House released a copy of Obama's directive entitled "Sequestration Order for Fiscal Year 2013." Government agencies will now begin to hack a total of $85 billion from their budgets between Saturday and Oct. 1.

 
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