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As recession lingers, Arizona food banks long on business, short on donations

The hundreds of cars lined up Nov. 25 for frozen turkeys and bags of food from St. Mary's Food Bank Alliance were three times the number at the same event last year. "We knew that our demand was going to go up for the holidays, but it has stunned us how much it went up this week," said Beverly Damore, a spokeswoman for the organization.

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State borrows $700M; first external loan since Great Depression (access required)

The State Loan Commission has approved a $700 million line of credit from Bank of America, marking the first external borrowing the state has done since the Great Depression. State Treasurer Dean Martin said his office will finalize the agreement with Bank of America next week and will begin issuing treasurer's warrants by the end of November.

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