Republicans move to avoid government shutdown

U.S. President Barack Obama participates in his first cabinet meeting of his second term in the Cabinet Room of the White House in WashingtonWASHINGTON (Reuters) – Congressional Republicans announced a plan on Monday to avoid a government shutdown later this month, seeking to calm the waters after months of budget fights that ended in a failure last week to halt damaging spending cuts. Just three days into the $85 billion of automatic "sequester" cuts, Republicans in the House of Representatives turned their attention to the next fiscal deadline: the March 27 expiration of funding for government agencies and programs. …