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8 hours ago ago from A New World Order Out of Chaos (News Page)

The Collapse of the U.S. Economy Unemployment Funds Going ‘Absolutely Broke’ 40 state programs to be emptied by the jobless tsunami within two years December 22, 2009 Washington Post - The recession's jobless toll is draining unemployment-compensation funds so fast that according to federal projections, 40 state programs will go broke within two years and need $90 billion in loans to keep issuing the benefit checks. The shortfalls are ...

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Schwarzenegger to seek federal help for California budget -- latimes.com

18 hours ago ago from Big Education Ape

Schwarzenegger to seek federal help for California budget -- latimes.com : "Reporting from Sacramento - Facing a budget deficit of more than $20 billion, Gov. Arnold Schwarzenegger is expected to call for deep reductions in already suffering local mass transit programs, renew his push to expand oil drilling off the Santa Barbara coast and appeal to Washington for billions of dollars in federal help, according to state officials and ...

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California begs for federal bailout

18 hours ago ago from Heliogenic Climate Change

"Facing a budget deficit of more than $20 billion, Gov. Arnold Schwarzenegger is expected to call for deep reductions in already suffering local mass transit programs, renew his push to expand oil drilling off the Santa Barbara coast and appeal to Washington for billions of dollars in federal help, according to state officials and lobbyists familiar with the plan. If Washington does not provide roughly $8 billion in new aid for the state, ...

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LATimes: Schwarzenegger to seek federal help for California budget

9 hours ago ago from iePolitics.com

Facing another huge deficit, the governor wants $8 billion or threatens massive cuts in social services. He also plans to renew push for offshore oil drilling. By Shane Goldmacher and Evan Halper December 23, 2009 Reporting from Sacramento Facing a budget deficit of more than $20 billion, Gov. Arnold Schwarzenegger is expected to call for deep reductions in already suffering local mass transit programs, renew his push to expand ...

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Unemployment Funds Running On Empty Across The Country

17 hours ago ago from The Liberty Guardian

(MSNBC) The recession's jobless toll is draining unemployment-compensation funds so fast that according to federal projections, 40 state programs will go broke within two years and need $90 billion in loans to keep issuing the benefit checks. The shortfalls are putting pressure on governments to either raise taxes or shrink the aid payments. Debates over the state benefit programs have erupted in South Carolina, Nevada, Kansas, ...

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Schwarzenegger Presses U.S. for More Aid for Needy California

1 hour, 40 minutes ago ago from The New York Times

LOS ANGELES Gov. Arnold Schwarzenegger has taken advantage of the holiday lull before the next state budget storm to serve notice on the federal government that he will come looking for billions more in aid. Blog Mr. Schwarzenegger, a Republican, also hinted that he might extend furloughs for state workers beyond next summer and revive a contentious plan to allow oil drilling off the Santa Barbara County coast. Budget ...

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Schwarzenegger To Seek Federal Help for California Budget

18 hours ago ago from Huffington Post

latimes.com : Reporting from Sacramento - Facing a budget deficit of more than $20 billion, Gov. Arnold Schwarzenegger is expected to call for deep reductions in already suffering local mass transit programs, renew his push to expand oil drilling off the Santa Barbara coast and appeal to Washington for billions of dollars in federal help, according to state officials and lobbyists familiar with the plan. If Washington does not provide ...

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Top SC prosecutor, others probing health care deal

13 hours ago ago from U.S. News

Top SC prosecutor, others probing health care deal COLUMBIA, S.C. (AP) -- The top prosecutors in seven states are probing the constitutionality of a political deal that cut a funding break for Nebraska in order to pass a federal health care reform bill, South Carolina's attorney general said Tuesday. Attorney General Henry McMaster said he and his counterparts in Alabama, Colorado, Michigan, North Dakota, Texas and Washington state - all ...

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Daniel Heimpel: Invest In Child Care, Invest In The Future

10 hours ago ago from Huffington Post

Budgets from Sacramento to Washington D.C. are driven by the concept of Return on Investment. Return is overwhelmingly expected in the same fiscal year that resources are invested. While prevalent, this methodology is entirely counter-intuitive. Apply this to a human. If one had to show ROI in the same year as they spent the money, no one would ever go to college - no one would invest in their future. But shortsighted budgeting has ...

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