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Wednesday, May 4, 2005

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Military base closings

Our silver lining story for the day. You may have heard that military bases are on the chopping block. A commission that helps decide which bases will be shut down wrapped up hearings today. The Pentagon's expected to release a list of proposed closures next week. The Defense Department hopes to save billions through this process. But communities close to those shuttered bases typically take a big hit. It can take years to replace all the jobs that are lost when a base shuts down. So where's that silver lining? Craig Miller reports that, with careful planning, communities can turn base closings into economic opportunity.

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