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Why Senate GOP is considering giving sequester power to POTUS

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Politico Playbook: "Senate Republicans are circulating a draft bill that would cancel $85 billion in across-the-board spending cuts and instead turn over authority to President Barack Obama to achieve the same level of savings under a plan to be filed by March 8," write Politico's Manu Raju and David Rogers. Mike Allen joins Morning Joe to discuss.Feb.27.2013

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