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In this Feb. 13 file photo Jack Lew, President Barack Obama's choice to be treasury secretary, testifies during his confirmation hearing on Capitol Hill in Washington before the Senate Finance Committee. Lew will be sworn in today. (AP Photo/J. Scott Applewhite, File)

Lew set to start at Treasury as budget cuts loom

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WASHINGTON (AP) -- Jacob Lew is scheduled to be sworn in Thursday as Treasury secretary and will have to hit the ground running.

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By MARTIN CRUTSINGER

AP Economics Writer

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