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Obama: Time to Compromise

President Obama is trying to persuade lawmakers to agree to “just a little bit of compromise,” to avoid $85 billion in across-the-board budget cuts that will go into effect if a deal is not reached by Friday. “At some point we’ve got to do some governing," Obama said Monday. "And certainly what we can’t do is keep careening from manufactured crisis to manufactured crisis.” While the clock is ticking, a sequester-avoidance deal between the White House and Congress is still nowhere in sight. Republicans have so far shot down any plan of the president’s that involves tax hikes.