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Wednesday, May 23, 2018, 10:20 a.m.

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“You never want a serious crisis to go to waste,” Rahm Emanuel famously told a group of corporate executives a little more than four years ago. Emanuel’s words apparently have been forgotten in the nation’s capital, where lawmakers manufactured a potentially serious crisis by timing billions of dollars of tax cuts to expire at the end of 2012, days before huge across-the-board spending cuts were set to take effect.

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