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Obama to discuss cuts with political leaders Friday

US President Barack Obama listens during ceremonies in Statuary Hall on Capitol Hill February 27, 2013 in Washington, DC. Obama will summon US congressional leaders to the White House on Friday, the day across-the-board spending cuts that may badly dent tPresident Barack Obama will summon US congressional leaders to the White House on Friday, the day across-the-board spending cuts that may badly dent the economic recovery come into force.