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Broke Miami, Florida, Breaking Employee Contracts
NBC Universal, Inc. Link to more items from this source
Sept. 1, 2010

Excerpt: The city is operating under a state of 'fiscal urgency,' declared earlier this summer. The budget deficit for next fiscal year is about $110 million. The proposed cuts in salary, pension contributions and health insurance costs amounts to about $86 million in savings for the city.  MORE >>

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