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Calif. budget deal: No new taxes, many big cuts

The plan would end health care coverage for tens of thousands of seniors and children, cut several billion dollars in state assistance to local governments and possibly lead to the early release of thousands of convicted criminals. It also would tighten requirements for welfare and other social programs and cut $2 billion from the state’s higher-education system and $9.5 billion from its public schools, which would lose thousands of teachers and staff.
http://www.msnbc.msn.com/id/32010922/ns/us_news-life/

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