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White House Press Secretary Jay Carney declined to weigh in on the Dow hitting an all-time high on Tuesday, a development clashing with President Obama’s assertion that across-the-board spending cuts would imperil the economy.

“I don’t comment on markets,” Carney insisted on Tuesday.

Just two months ago, however, Carney cited the stock market as proof that Republicans were harming the economy.

Carney was defensive Tuesday when asked if the White House could back up its claims about longer lines at airports in the wake of $85 billion in cuts starting on Friday.

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