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USOC cuts budget, 54 jobs

The United States Olympic Committee has begun reducing its 2009 operating budget by $7.1 million, which will mean the elimination of 54 jobs. Officials say the budget reduction – from $142.6 million to $135.5 million – is necessary because of the economic downturn. The reductions represent more than 10 percent budget that is not allocated… Continue Reading USOC cuts budget, 54 jobs