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The California Report

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UC Regents to Vote on Drastic Cuts
Severe budget cuts to the University of California will likely be approved today in San Francisco. The UC system is losing more than $800 million in state funding.

State Faces Public Employee Retirement Costs
California officials haven't quite figured a way out of our current budget mess. But already, the next big budget buster is on the horizon. It's the system of retirement benefits guaranteed to public sector employees.

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