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Senate Republicans On Sequester: $85 Billion Cut Is Not So Bad (VIDEO)

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After all the talk of the harsh impacts of the fast-approaching federal budget "sequestration," the Senate Republican leadership on Tuesday argued that the impacts of the looming across-the-board budget cuts won't be so bad.

Republicans, including Minority Leader Mitch McConnell, have warned repeatedly of the cuts' effect on the military, in particular.

But lacking an alternative plan, they seemed to be arguing that the $85 billion in spending reductions set to kick in March 1 for the rest of this year would not be that painful, considering they amount to less than 3 percent of the entire federal budget.

Watch their arguments above.

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