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During this recession, the unemployment rate hit the highest level ever recorded in the post-World War II era for workers 55 and older. Many are giving up, declaring themselves retired and collecting Social Security. That could make things tough for the federal budget.

The City of San Diego is at the cutting edge of budget deficits because its pension problems have forced it to deal with deficits since well before the economic downturn began.

Democrats say Republicans are the "Party of No." Now, with the midterm elections fast approaching, GOP leaders in the House are preparing to unveil their agenda. The plan will draw comparisons to Newt Gingrich's 1994 "Contract with America" manifesto.

Congressional Republicans last attempted a major push to pass a balanced budget amendment to the Constitution back in 1995. Now they intend to try again. But the same old arguments about potential damage to programs like Social Security make it a tough sell.

A series of strong aftershocks from last month's devastating quake rocked Chile on Thursday as a new president was sworn into office and immediately urged coastal residents to move to higher ground in case of a tsunami.

Most people try to save money for a rainy day, and a healthy savings account is a blessing in a time like this. Local governments, like people, vary in how well prepared they are for this economic downturn. KPBS reporter Alison St John surveyed all 18 cities in San Diego County to find out how much money in the bank they have to tide them over.

We'll hear an overview of Proposition D, the ballot measure that would open the door to a half-cent sales tax increase if a list of fiscal reforms are met. Find out what a local economist says about the city's current tax structure and projections on how the tax increase would affect the current budget deficit. Finally, San Diego City Councilmembers Donna Frye and Carl DeMaio will debate the measure. You can join the discussion by participating in a live chat.

New jobless claims dropped unexpectedly to 514,000 last week, and continuing claims fell below 6 million. Separately, the Consumer Price Index edged up a slight 0.2 percent in September, with energy costs up but food prices down.

The state's Republican Gov. Scott Walker has survived a recall election in one of the most closely watched and dramatic state races. He defeated Milwaukee's Democratic Mayor Tom Barrett.

The Oceanside city council has bowed out of the competition to host a new NFL football stadium for the Chargers. KPBS reporter Alison St John has more.