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Uploaded on Jan 13, 2011
Dec. 19, 2010, State Budgets: Day of Reckoning 60 Minutes, municipal government Meredith Whitney segment ... financial collapse ...CBS '60 Minutes' shines spotlight on the states' budget and pension crises Steve Kroft reports on the precarious financial conditions many states are facing — including California — and what they're doing about it: Muni sixty crisis