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Friday March 19, 2010
Archive of Economy & Business on Wednesday November 04, 2009

OH: Ohio OKs casinos

Battered by a grim economy, job-hungry Ohioans approved casinos for Columbus and three other cities yesterday.
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FL: McCollum says Expedia, Orbitz cheated state, local governments out of tax revenue

Attorney General Bill McCollum filed suit Tuesday against two leading Internet travel firms, accusing Expedia and Orbitz of cheating the state and local governments out of millions of dollars in sales tax revenues from online hotel bookings.
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AK: State says it's keeping close eye on gas line project

State officials said Tuesday that they are closely monitoring a major pipeline company's progress on a North Slope gas line to ensure the state's multimillion-dollar stake in the project is well-spent.
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AL: Tea Party rally against health care bill scheduled for Wednesday

HUNTSVILLE, Ala. -- Huntsville's Tea Party movement is planning another rally Wednesday to protest proposed government-run health care.
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AL: Riley blasts claim of impending Indian casino bingo monopoly

The suggestion that Gov. Bob Riley's efforts to prohibit electronic bingo could leave Indian casinos with a statewide monopoly on the machines is a "baldfaced lie," Riley wrote in a letter to lawmakers last week.
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AL: Sparks -- banned substance found in imported fish

Alabama Agriculture and Industries Commissioner Ron Sparks says some fish being imported into Alabama have tested positive for a banned substance.
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AL: PSC approves Alabama Power rate cut for small businesses

Thousands of small businesses that rely on Alabama Power Co. will get a break on their electric bills in the new year. Savings for other customers may also be ahead.
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AL: UA loses trademark case against football game painter

TUSCALOOSA, Ala. -- A federal judge has ruled that artist Daniel Moore did not violate trademark laws by painting scenes of some of the most famous plays in Universi?ty of Alabama football history without licensing the work through the university.
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AR: State revenue falls in October

State general revenue fell $31.6 million in October compared with October 2008, the 10th month in the past 11 in which tax collections dropped in comparison with a year earlier, according to data released Tuesday by the state.
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AR: Report -- Stimulus funds saved or created 2,633 jobs in state

Federal stimulus funds have saved or created 2,633 jobs in Arkansas, according to a state report released today.
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AR: SWEPCO Asks for $17.8 Million Rate Increase

Southwestern Electric Power Co. Is asking the Arkansas Public Service Commission for a $17.8 million rate increase.
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AR: http://www.arkansasonline.com/news/2009/nov/04/ahtd-announces-lane-closure-bridge-inspection/?news

MAUMELLE, Ark. -- State highway officials say motorists traveling between Mayflower and Maumelle on U.S. 365 should be alert to possible traffic backups on the highway for a couple of days.
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AR: $112 million in stimulus cash spent by state, report finds

Arkansas officials say more than a third of the $322 million federal stimulus money the state received this year has been spent.
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CA: Environmental groups turn in paperwork for DMV fee to fund California state parks

Hoping to break the recent cycle of proposed state parks closures, a coalition of California environmental groups took the first major step Tuesday toward qualifying a measure for next November's ballot that would roughly double the state parks budget by imposing a new annual fee on vehicle registration.
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CA: Water plan has local goodie

A nonprofit tolerance center in midtown Sacramento, championed by state Senate President Pro Tem Darrell Steinberg, could get a vital economic boost from an unlikely source: a mammoth $10 billion water bond proposal.
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CO: GOP gubernatorial rivals outline what Colorado needs

Republican Scott McInnis won't debate his GOP rivals for fear it will damage party unity, but Tuesday night the former congressman challenged Democratic Gov. Bill Ritter to a series of debates.
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CO: Colorado's vast beetle-kill pine forests threaten power grid

One of the least-publicized aspect of the mountain pine bark beetle epidemic, which has decimated nearly 2 million acres of trees in Colorado, is the threat it poses to the region's power grid.
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CT: State needs $900 million to cover unemployment

The state government is expected to borrow upwards of $900 million from the federal government to cover unemployment checks for the jobless.
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CT: Vaccine distributor responds to Blumenthal inquiry on price gouging

A medical distributor on Tuesday said that his company did not receive enough seasonal flu vaccine to completely fill an order in Connecticut, and that demand for the vaccine in the Northeast and elsewhere has been sky-high.
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GA: Auditors -- MARTA made $119 million on lease deals

MARTA has made $119 million so far from transactions that officials recently feared would cost the agency a fortune, according to a special report that state auditors released this week.
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HI: Lawmakers advocate renegotiating teacher contract to restore cut days

A prominent House Democrat joined a group of minority Republicans calling for all sides to return to the bargaining table to restore public school days being cut because of state worker furloughs.
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HI: Disabled facing 33% benefit cut

Four months into the fiscal year, the state is cutting the monthly cash benefit to 5,055 poor, temporarily disabled people by a third — to $300 — so the program won't run out of money before June.
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HI: Groups want special session to cancel Furlough Fridays

With House Democrats set to caucus tomorrow, parent groups are peppering legislators with phone calls pushing for a special session to restore funding for education and stop Furlough Fridays at public schools.
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HI: Maui Land dropping pineapple production

Hawaii will be left with just one big grower of pineapple, Dole Food Co., and a handful of small farms next month when Maui Land & Pineapple ends production of what was once the state's single biggest cash crop.
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IA: Iowa school funding faces $543 million challenge

Gov. Chet Culver and legislative budget architects will face a $543 million gap in funding for K-12 public schools when they begin assembling a fiscal 2011 spending plan next session.
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IA: Lottery won't propose video gambling

Iowa Lottery Chief Executive Terry Rich said Tuesday he won't lobby state lawmakers to return video gambling machines to retail outlets, but he'll offer advice if it's requested during the coming legislative session.
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IA: Culver switches up staff, names new spokeswoman

A spokesman for Iowa Gov. Chet Culver is heading to a new job at the state's education department and the economic development spokeswoman who had to deal with reporters' questions on the film tax credit scandal will now speak for Culver.
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ID: Some small business owners say economy getting worse

A survey of small business owners in the United States shows that small businesses continue to struggle despite increasing optimism on Wall Street.
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ID: Idaho lawmakers meet Wednesday on health reform

Congress might not vote on health care legislation until 2010, but that hasn't stopped Idaho lawmakers from debating the issue - and how the state should respond, if something actually is passed.
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IL: New state law allows for more tinted windows, but not as dark

Workers at window-tinting shops say they're gearing up for a surge in business because of a new state law that lets Illinois motorists drive a car with more tinted windows than ever.
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IL: Foreclosure filings spike in collar counties

Once commonly viewed as a problem affecting low-income urban neighborhoods, new data show the greatest percentage increases in foreclosures are occurring not within the city of Chicago, where they declined during the third quarter, but in the suburban collar counties, which are using their limited means to help residents.
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IL: Warren Buffett buys Burlington Northern for $34B

Warren Buffett's Berkshire Hathaway Inc. on Tuesday agreed to buy Burlington Northern Santa Fe Corp., a mainstay of Chicago's freight rail industry, making a $34 billion bet on the future of the U.S. economy.
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IL: Freight expectations -- Warren Buffett goes 'all-in' with $34B bet on railroads and the economy

NEW YORK -- The biggest name in investing is making what he calls an "all-in wager" on the U.S. economy — $34 billion to own a railroad that hauls everything from corn to cars across the country.
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IN: Putting the squeeze on state office space

More than 1,000 state employees will relocate under the state's office consolidation plan in the next two years.
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KS: Parkinson -- Feds need to solve power line problem

More federal guidance is needed if Kansas — and the rest of the country — is to build the transmission lines needed to carry wind energy and meet growing energy demands.
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KS: Kansas, Washington back Boeing for tanker contract

With hundreds of new jobs at stake, Kansas officials are keeping an eye on the competition for an Air Force contract to build a new refueling plane.
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KS: State Board of Education to review budgets, studies on district consolidation

The State Board of Education is scheduled next week to hear several updates on financing Kansas' 293 school districts.
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KY: Beshear: 34 new jobs for mine safety, permitting

DEBORD, Ky. — The state will hire 15 mine-safety inspectors and 19 mine permit application reviewers to clear backlogs in those offices, Gov. Steve Beshear announced Tuesday.
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KY: 'Yes' and 'no' vote on alcohol sales in Pike Co.

PIKEVILLE, Ky. -- Voters in Coal Run Village, on U.S. 23 just north of Pikeville, approved a ballot measure that would allow alcohol to be sold by the drink, only in conjunction with a meal purchase, at restaurants that have 50 seats or more and derive 70 percent of their revenue from food sales, said Pike Deputy Clerk Pam King.
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LA: Panel hears 'slush fund' criticisms, defenses

State Treasurer John Kennedy pushed Tuesday to purge legislators' special projects from the state budget.
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MA: Families seek coverage for hearing aids

Health insurance companies in Massachusetts are not required to pick up the cost of children's hearing aids, but if Josephine Lee of Georgetown and other parents have their way, that's going to change.
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MD: State hopes to update child support guidelines

BALTIMORE, Md. -- Maryland's child support guidelines are based on economic data from the 1970s -- something the state Department of Human Resources hopes to change next year.
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MD: Annapolis considers 'renewable energy park'

BALTIMORE, Md. -- Hoping to make some green out of going green, Annapolis officials are weighing an ambitious plan to convert an old municipal dump into a "renewable energy park" that would generate enough electricity to supply all of the power the state capital consumes, using landfill gas, yard waste and the sun's rays for fuel.
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MD: Constellation, EDF moving forward with nuclear sale

Constellation Energy and Electricite de France are moving quickly to close their nuclear power deal under conditions imposed by the state Public Service Commission, including a $100 rebate for Baltimore Gas and Electric Co. ratepayers.
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ME: HUD -- No federal funds used in Brewer land deal

BREWER, Maine — A U.S. Department of Housing and Urban Development review of the financial books at Brewer Housing Authority revealed that only local revenues were used in a recent land purchase between the housing authority and its former board chairman.
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MI: GM reports U.S. sales rose 4.1%; Lansing-made crossovers do well

It was the first year-over-year gain since January 2008.
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MI: Granholm warns of 20% budget cuts

Gov. Jennifer Granholm warned Tuesday of a possible 20% cut in state spending next year, a draconian step after billions in cuts since 2003 already have dented police and fire services, pushed schools toward insolvency and reduced oversight of prison inmates.
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MS: University merger talks

Private discussions of potential university mergers continue among lawmakers as the 2010 legislative session approaches, but some leaders are hoping to quash any actual consideration of a proposal.
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MS: Making schools healthier -- State taking great strides

Pine Belt school officials say their districts have played a vital part in Mississippi's efforts to stop selling fatty foods and beverages in public schools.
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MS: Miss. arts figures picked for honor

Bluesman David "Honeyboy" Edwards, 94, a Shaw native who took Mississippi's music around the world yet still brings it home, will be recognized for lifetime achievement by the state's highest arts honor in February.
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MT: Hathaway aid may not go as far

The Hathaway Scholarship Fund dollars won't stretch as far as they do now if the University of Wyoming Board of Trustees approves a tuition increase, key legislators say.
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MT: Panel actions impact school districts

A legislative committee voted Tuesday for no increase in the cost-of-living adjustment for the state's K-12 public schools for next year.
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MT: Montana Supreme Court rules against injured workers in multimillion-dollar case

The Montana Supreme Court Tuesday upheld a state law cutting off workers' compensation benefits for injured, disabled workers at retirement age.
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MT: Montana political, ag leaders want lower shipping rates from new BNSF owner Buffett

Some Montana political and agricultural leaders said Tuesday they hope the state's farmers will see lower grain shipping rates as a result of the purchase of Burlington Northern Santa Fe by Warren Buffett's Berkshire Hathaway Inc.
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NC: Poultry giant cuts deal

Columbia Farms will pay a $1.5 million fine and will be required to change its hiring practices under an agreement that will allow it to avoid a criminal conviction on federal immigration charges.
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NC: Funeral board failed to keep minutes

The N.C. Board of Funeral Service didn't keep minutes of its closed sessions as required by state law, according to a report released Tuesday by the state Auditor's Office.
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NC: Wright's conviction is upheld

RALEIGH -- The N.C. Court of Appeals has upheld the conviction of former state Rep. Thomas E. Wright on three felony counts of obtaining property by false pretenses for taking out a fraudulent bank loan and depositing contributions intended for charity into his personal bank account.
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NC: Rules would help avoid foreclosure

The N.C. Office of the Commissioner of Banks has proposed new regulations that would stop foreclosure once a homeowner asks for a loan modification.
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ND: No local impact is expected with Buffett's purchase

Getting purchased by one of the world's most successful investors wins some attention for a company, but BNSF 's new ownership should not have an immediate impact on the railroad.
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ND: More North Dakotans report income of $1M or more

More North Dakota residents reported incomes of $1 million or more last year thanks to the state's booming oil patch.
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ND: Jobs are out there — if you're qualified

Though North Dakota's unemployment rate may be half the national figure, the state, like the national job market, has to find qualified people to fill good-paying career jobs that are in demand.
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NE: Committee discusses budget shortfall as special session looms

The Appropriations Committee's two-hour talk, a day before the start of the session, was as much about the long term as the short-term fix.
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NE: Nature center hires program coordinator

ALMA, Neb. -- The Nebraska Nature & Visitor Center has hired Dan Glomski as its program coordinator. Glomski, former curator of astronomy at Hastings Museum, has more than 20 years of experience in providing science-based programming.
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NE: Attorneys say BSDC suit should be dismissed

A federal lawsuit filed by guardians of residents moved from a troubled center for the developmentally disabled doesn't prove rights violations and should be dismissed, attorneys for the state argued in court documents filed this week.
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NE: Commodity board advocates up in arms

Gov. Dave Heineman and the Nebraska Farm Bureau Federation are often on the same page in their policy preferences.
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NH: Revenue misses state's target

State revenue continues to come in slightly below the Legislature's predictions.
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NJ: How Corzine lost

Gov Corzine never quite fit the profile of a white knight — not with the beard and the bald spot and the predilection for sweater vests — but when he rolled into office four years ago, he seemed a better bet than most to tame New Jersey's runaway spending and property taxes.
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NJ: Budget gap will haunt new leader

New Jersey's new chief executive, Governor-elect Chris Christie, will once again face record high property taxes — what voters say is the state's most pressing issue — all the while trying to balance a state budget already projected to be $8 billion short.
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NJ: Open space question passes

Voters on Tuesday narrowly decided the state should take on $400 million more in debt to preserve open space, despite state budget cuts and the dismal economy.
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NM: State budget crisis -- Capital outlay projects face freeze

Gov. Bill Richardson's administration has canceled grants and agreements between local governments and the state Department of Finance and Administration for capital outlay projects, causing concern among city officials about what will happen to their ongoing projects.
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NM: Another round for state booze tax?

When lawmakers return to Santa Fe in January to consider ways to cover the state's budget deficit, one likely target is raising taxes on alcoholic beverages.
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NV: Nevada judge approves Wal-Mart wages settlement

LAS VEGAS — Wal-Mart Stores Inc. received final approval on Monday of a settlement in which it will pay between $65 million and $85 million to resolve wage-and-hour violations alleged by millions of workers.
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OH: Statewide measures

A look at how the statewide measures fared in each of Ohio's 88 counties.
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OH: Livestock-care board, help for veterans sail through

Ohio voters agreed yesterday to create a state board to protect the state's $93 billion-a-year agribusiness industry and overwhelmingly approved giving $200 million in bonuses to military veterans.
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OH: Ohio receives energy-efficiency stimulus grants

Ohio is getting nearly $30.5 million in federal stimulus money to improve energy efficiency in the industrial sector, officials announced today.
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OH: Strickland to Senate -- Get moving

The Ohio Senate should stop dawdling and either pass a House-approved bill to balance the state budget by delaying an income-tax cut or propose a viable alternative, Gov. Ted Strickland said today.
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OH: FirstEnergy CEO Anthony Alexander predicts rising electricity bills

CLEVELAND -- Electricity prices in northern Ohio are lower today than they have been in years. But don't count on them staying that way.
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OH: Livestock-care board, help for veterans sail through

Ohio voters agreed yesterday to create a state board to protect the state's $93 billion-a-year agribusiness industry and overwhelmingly approved giving $200 million in bonuses to military veterans.
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OK: Lawmakers seek funding answers for Oklahoma seniors

On the eve of a state Capitol rally expected to attract more than 100 older Oklahomans, legislators scurried Tuesday to suggest ways to restore cuts to some senior nutrition programs.
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OK: Edmond safety course goes statewide

EDMUND, OKla. -- Grant money will go to purchase a truck and trailer to be used for a mobile classroom, 2 motorcycles and overtime pay for the officers to travel across the state to teach motorcyclists.
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OR: Oregon curbs controversial tax breaks for wind and solar firms

Oregon energy officials released new rules Tuesday aimed at curbing a controversial state program that grants lucrative tax subsidies for wind, solar and other renewable power plants.
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OR: Falling gas prices help Northwest Natural boost profits

Despite the economic slowdown's depressing effect on customer demand, Northwest Natural Gas Co. has been able to boost profits this year by purchasing gas for far less than it forecasted last fall.
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PA: Nutter, Rendell blast SEPTA union for surprise strike

As hundreds of thousands of commuters and schoolchildren braced for a second day without public transit, Gov. Rendell and Mayor Nutter chastised union leaders for calling the surprise predawn strike.
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PA: Tuition could increase 4 percent for State System students

A tuition increase of up to 4 percent affecting 117,000 students at the 14 state-owned universities could occur next fall under budgetary plans approved yesterday by the State System of Higher Education.
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PA: Universities to ask state for $483 million

The Pennsylvania State System of Higher Education will ask Gov. Ed Rendell to approve $483 million for the 14 state-owned universities for 2010-11, a spokesman said Tuesday.
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PA: Universities say table-games lag may impact tuition

Pennsylvania State, Temple, and two other state-related universities said yesterday that the delay in approving table-games legislation in Harrisburg could affect tuition rates, starting in January.
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RI: New R.I. law banning indoor prostitution leads some spas to close

Word that Rhode Island's governor signed legislation Tuesday afternoon to outlaw indoor prostitution traveled quickly through the state's community of sex workers, leaving many of the women who work at Asian "spas" on edge and their employers angry and without customers.
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SD: BNSF deal raises consolidation fears

South Dakota's largest freight rail carrier, Burlington Northern Santa Fe, soon will be part of Warren Buffett's marquee holding company, Berkshire Hathaway Inc.
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TN: Per diem rises 8.1% for Tenn. legislators

Tennessee legislators will get another $14 a day in expenses as they come to the Capitol to wrestle with drastic state budget cuts that could force layoffs.
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TN: TBI wants local police to pay for lab tests

The Tennessee Bureau of Investigation wants to start charging local police agencies for testing done at the state's crime labs.
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TN: Stimulus hides TN budget woes; departments face up to 9 percent cuts

The stock market is up. The federal government is spending. The economy appears to be growing. But Gov. Phil Bredesen is asking state departments to cut their budgets by as much as 9 percent next year, a move that probably will trigger another round of layoffs and curb some services.
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TX: From college cash to beach access, 11 amendments pass

Texas voters took a modest but significant step Tuesday toward lifting more of the state's public universities into the ranks of major national research institutions by approving a constitutional amendment freeing up about $500 million from a dormant higher education account.
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TX: Measure to protect Bullis passes

With lackluster voter turnout, Texans approved a constitutional amendment written with Fort Sam Houston's Camp Bullis in mind.
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TX: Democrat joins gubernatorial race, says he'll spend $10 million in primary

Houston hair care executive Farouk Shami said Tuesday that he's definitely running for governor and that he'll put in $10 million for the Democratic primary alone.
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US: White House tally appears to overstate stimulus jobs

The number of jobs the Obama administration credits to federal stimulus money could be overstated by at least 20,000 of the 640,000 claimed, a Wall Street Journal analysis found.
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UT: House panel OKs bill to ban importing foreign N-waste

A House subcommittee endorsed Tuesday a bill to ban importing foreign, low-level radioactive waste — which would block an EnergySolutions proposal to import 20,000 tons of it from Italy, process it in Tennessee and dump it in Utah's western desert.
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UT: State senator says initiative would force him out

A leading Utah state senator with nearly 30 years in the Legislature says he will be forced out of office if a citizen initiative on legislative ethics passes.
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VT: SEA, NEA rip state's use of high-priced consultant

Two of the state's largest unions criticized the Douglas Administration Tuesday for inking a high-dollar contract with a Connecticut consulting firm at a time when fiscal woes have led to the recent layoffs of at least 25 state employees.
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WA: Eyman's latest proposal failing by healthy margin

Tim Eyman's revenue-cap measure, Initiative 1033, was losing by double digits with half of the votes counted statewide Tuesday evening.
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WI: Wis. Republicans rail against insurance provisions

Republican legislators are trying to muster support for a bill that would repeal new minimum car insurance levels.
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WV: State predicts $100 million budget shortfall

Lagging tax revenues are threatening West Virginia state government with a budget deficit, but Gov. Joe Manchin does not yet plan to lay off public workers, ax programs or raise taxes to keep the books balanced.
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WV: W.Va. receives $9.6M to improve energy efficiency

U.S. Energy Secretary Steven Chu announced the state's share of more than $38 million in American Recovery and Reinvestment Act funds on Tuesday.
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WV: Lawmakers praise changes at DHHR, hope more on way

Several state lawmakers on Tuesday praised West Virginia Department of Health and Human Resources Secretary Patsy Hardy for making personnel moves at the agency, saying they hope the shuffle signals that more changes are in store.
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WY: Index points to higher unemployment

Wyoming is expected to continue feeling an economic downdraft in the months ahead.
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High court might review employer sanctions

The ability of Arizona to go after companies that hire undocumented workers could depend on the views of the Obama administration.
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Spending limits, gambling top fiscal 2009 ballot measures

The national spotlight may be focused Nov. 3 on elections for governor in New Jersey and Virginia, but voters elsewhere could take action to profoundly change the way their states get and spend taxpayers’ money.
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Weekly wrap: Rating agency slams Conn. on borrowing

Agency lowers Conn. credit outlook; federal broadband grants will be delayed a month; and confusion continues on stimulus job claims.
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