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Iowa Gov. Culver to Offer $60 Million of Spending Cuts

CHICAGO - Iowa Gov. Chet Culver this week will outline measures aimed at trimming $60 million in spending to help erase a roughly $100 million shortfall in the current $6.2 billion fiscal 2009 budget amid warnings that a deficit of up to $500 million looms for the fiscal 2010 budget.

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