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Rep. Barney Frank, D-Mass., ranking Democrat on the House Financial Services Committee, right, gestures during a news conference on Capitol Hill in Washington, Thursday, April 7, 2011, to discuss the budget proposed by House Republicans. (AP Photo/Carolyn Kaster)

WASHINGTON (AP) — It’s touted as the biggest one-time rollback of domestic spending ever, but most folks will be hard-pressed to notice.

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