Author: Shannon Mccaffrey
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Analysis: States face long slog after recession
At statehouses around the country, the Great Recession is far from over: It could take years for many states to climb out of the hole and return to pre-downturn spending levels. An Associated Press examination of 50 balance sheets shows state budgets and bank accounts still ravaged by a drop in tax revenue. Many states…
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GOP hopes to build momentum behind ‘tea parties’
ATLANTA – Republicans have lost their grip on Congress and the White House, but they claim to have American anger over taxes and the economy on their side as tens of thousands turned out for anti-tax “tea parties” around the country, including Colorado Springs.Wednesday’s rallies used the dreaded April 15 – the U.S. deadline to…