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Schools adjust to a new economic reality

from The Associated Press via Victoria Advocate

Officially, the economic free-fall of the Great Recession ended about 18 months ago, but the picture in U.S. schools tells a very different story. States and school districts have seen their tax bases wither over the past two years, and the financial picture looks bleak for years to come. At least 46 states, plus the District of Columbia, struggled to close budget shortfalls heading into fiscal 2011, according to the Center on Budget and Policy Priorities, a research organization in Washington. more

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