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Federal spending
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The federal sequester has caused a great deal of controversy this year, with groups of all kinds protesting what they claim are inhumane spending cuts by Uncle Sam. Though the sequester has dictated cutting only a small percentage of total federal funds -- and in some cases, just reducing the rate of increase rather than actually cutting -- some have tried to make it the equivalent of a national disaster. We happened to come across a piece of information recently that detailed President Lyndon B. Johnson’s budget for 1964.