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budget crisis

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Mar 01

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Colorado Budget Shortfalls Slash Services for Homeless

Tom Bearden reports on the escalating problems with providing services for Colorado's homeless population as the state faces a $2 billion budget shortfall.

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Feb 24

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News Wrap: Bernanke Says Interest Rates Should Stay Low

In other news, Wall Street posted gains Wednesday after Federal Reserve Chairman Ben Bernanke told lawmakers that interest rates should remain low. Also, demonstrators clashed with police in Athens after another strike by workers aimed at government plans to freeze…

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Feb 11

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News Wrap: Bill Clinton Treated for Chest Pains

In other news Thursday, former president Bill Clinton underwent surgery for chest pains, and European leaders promised "determined and coordinated action" to support Greece as it battles a debt crisis.

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Jul 14

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Fallout Continues from California’s Budget Woes

After failing to plug a $26 billion budget gap, California has begun sending out IOUs to cover its costs, but most banks are refusing to accept them. Spencer Michels reports on the ongoing financial crisis in the Golden State.

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Jul 01

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California Leads States Facing Deepening Budget Crises

Several states are struggling to find solutions for deep budget gaps as a new fiscal year begins. Jeffrey Brown examines the budget picture across the country.

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Feb 18

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Other News: Markets Flat, Calif. Budget Deal in Peril

In Wednesday's other news, Wall Street was flat, and controversy in the California state Senate has endangered a fragile deal over the state's budget crisis.

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Feb 16

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Other News: California Fails to Resolve Budget Crisis, Burris Denies Dishonesty

In the day's other news headlines, California lawmakers failed to resolve the state's budget crisis, and Sen. Roland Burris, D-Ill., denied any dishonesty over his contacts with ousted Illinois Gov. Rod Blagojevich.

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Feb 06

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In Other News, Stocks Rise on Wall Street, Calif. Budget Crisis Deepens

Despite a dismal jobs report, the market rose as the Senate began debating the economic stimulus bill. California closed most of its government offices today due to its worsening budget shortfalls, forcing more than 200,000 state workers to stay home…

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Nov 06

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Newly Elected Senators Assess Priorities en Route to Capitol Hill

After Tuesday's election, a handful of newly elected U.S. senators will help reshape the Congress. Senators-elect Jim Risch, R-Idaho, Mark Udall, D-Colo., and Sen. Jeff Merkley, D-Ore. assess their goals and what influence they will have on the 111th Congress.

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