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MADISON, WI (WTAQ) - In an unusual move, the Wisconsin Assembly passed the proposed two-year state budget without much of a debate. The abrupt vote was 55-42. Minority Democrats did not offer any amendments. Minority Leader Peter Barca says it became clear Republicans were not open to changing the $70 billion spending package. Included in the budget, is the statewide expansion of the school choice program – along with a $650 million income tax cut, a refusal to take new federal Medic...
TOKYO (Reuters) - Struggling Japanese TV maker Sharp Corp <6753.T> said on Tuesday about 3,000 of its workers volunteered for early redundancy, far more than the 2,000 it aims to lay off in a bid to trim costs amid mounting losses.
Sharp said it will book a special loss of 25.3 billion yen ($312 million) for the October-December quarter to cover costs for the layoffs.
($1 = 81.1350 Japanese yen)
(Reporting by Shinichi Saoshiro; Editing by Michael Watson)
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