Experts say cuts may either have to be shallow or short-lived.

Experts say cuts may either have to be shallow or short-lived.

The Obama administration's regulation had been criticized.

The Obama administration's regulation had been criticized.

Republicans are struggling to agree on ways to offset deep cuts.

Republicans are struggling to agree on ways to offset deep cuts.

Accounting maneuver would mean a one-time boost for Apple, Pfizer.

Accounting maneuver would mean a one-time boost for Apple, Pfizer.