States Desperately Need Financial Rescue, Nearly 1 Million Jobs Could Be Lost Across The Country

States Desperately Need Financial Rescue, Nearly 1 Million Jobs Could Be Lost Across The Country

Nothing less than the nation's nascent economic recovery hangs in the balance. States say that if they do not find financial rescue they will have to cut services and workers. That would deliver a potentially crippling blow to the economy, which needs higher employment levels to fatten wallets, promote spending, bolster tax revenue and reduce dependence on expensive social services.

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