WASHINGTON (MarketWatch) - President Barack Obama on Monday asked Republican governors to work with his administration and avoid "manufactured" crises. "There are more areas where we can do a lot more cooperating than we've over the last several years," Obama said in remarks to the National Governors Association meeting at the White House. Obama focused his remarks on the parts of his agenda that are popular with governors: namely his proposals to spend more on infrastructure and on early childhood education. Obama also said he was setting up regional centers to help businesses cut through federal red tape. The president made no move away from his position that the harsh across-the-board spending cuts, or sequester, should be replaced by higher taxes and smart spending cuts. Congressional Republicans have said Obama's call for higher taxes is a non-starter.
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