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US economy at risk in new Obama, Republicans clash

US President Barack Obama speaks joined by emergency responders in the Eisenhower Executive Office Building on February 19, 2013 in Washington, DC. The White House and independent analysts fear the so-called "sequester" could cost hundreds of thousands ofAmerica's political leaders are once again playing Russian Roulette with the world's single largest economy. Fresh from a debt ceiling showdown and year-end fiscal cliff brinkmanship, President Barack Obama and Republicans are now locked in a test of wills over huge budget cuts due to come into force on March 1.