State budget cuts, at a glance (AP)

AP - State and local governments are sharply cutting spending in an effort to close large budget gaps. The cuts reduced economic growth in the October-December quarter last year, the Commerce Department said Friday. The cuts are likely to drag on growth for the rest of this year, some analysts say.

Source: http://us.rd.yahoo.com/dailynews/rss/economy/*http://news.yahoo.com/s/ap/20110225/ap_on_bi_ge/us_broken_budgets_economy_state_cuts_glance

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