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Do Markets Care About Sequester?

Friday, 22 Feb 2013 | 4:33 PM ET

Secretary of Transportation Ray LaHood said the sequester will mean $600 million in cuts for the FAA, reports CNBC's John Harwood. Also, discussing whether the market is ignoring dire warnings about spending cuts, with Chris Konstantinos, Riverfront Investment Group, and Chad Morganlander, Stifel Nicolaus.