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Gov. Jerry Brown points to a chart showing his plan to fund teacher pensions as he unveils his revised 2014-15 state budget at the Capitol in Sacramento, Calif., Tuesday, May 13, 2014. The revised budget projects $107.7 billion in spending from the general fund, that's nearly $1 billion more than the budget Brown proposed in January.(AP Photo)

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Grand Chute public works employees pump water from a flooded area at the corner of Casaloma Dr. and Grande Market Drive Monday, May 12, 2014, in Grand Chute, Wisconsin. A car was stranded in the high water. (AP Photo/The Post-Crescent, Wm.Glasheen)

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FILE--In this Oct. 12, 2006 file photo, Detroit's skyline is shown. The historic restructuring of Detroit through bankruptcy is taking a crucial step by putting its plan before the people most affected: roughly 30,000 retirees and city employees. Monday, May 12, 2014 was the deadline for ballots to have been sent to those who qualify for pensions, and should be arriving by mid-week. Detroit is proposing to cut pensions by 4.5 percent and eliminate cost-of-living payments. Retired police officers and firefighters have a better deal that trims only the cost-of-living payments. (AP Photo)