WASHINGTON — The National Association of State Treasurers sent a letter to President Obama and congressional leaders urging them to come to a bipartisan, balanced agreement to address the looming “fiscal cliff” and federal budget crisis.

“As state treasurers, we have sought to maintain prudent fiscal policies in the face of a debilitating recession, and as such, we would like to applaud you for recognizing that the federal government needs to address its budget deficit and for your bipartisan agreement on the need to avoid sequestration,” wrote Kate Marshall, Nevada State Treasurer and NAST president.

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