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What you need to know about Florida today
Florida counties have different plans for oil spill funds
More than five years after the Deepwater Horizon oil drilling rig exploded off the Louisiana coast, a portion of the billions of dollars in settlement money with oil giant BP and others is slowly starting to reach 23 Florida counties. [Source: AP]
US spending bill may aid economy just as Fed is pulling back
The spending and tax-cut package that Congress approved Friday stands to modestly boost growth next year. It could also help drive a shift away from government as a drag on economic growth to a source of potential stimulus. [Source: AP]
Florida ranks high in care of student veterans
As veterans continue to return from various overseas conflicts, how to best serve their needs in higher education is a question colleges and universities continue to grapple with. Florida has been aggressive in finding ways to make education accessible to veterans. [Source: Panama City News Herald]
Gas drops in time for 100 million travelers
AAA is projecting that the number of year-end holiday travelers will top 100 million for the first time on record. The auto club is predicting that 90 percent of travelers, or 91.3 million people, will drive to their holiday destinations, an increase of 1.4 percent. [Source: Sarasota Herald-Tribune]
Struggling Latin American economies hold back growth in Miami-Dade
Bucking a statewide trend of growth, Miami-Dade County’s job market had a sluggish month as the unemployment rate ticked up to 6 percent in November. Miami-Dade’s dependence on struggling Latin American economies and a slowing local construction industry are likely responsible for the uptick in unemployment. [Source: Miami Herald]
› First Coast bucking trend of dwindling golf course business
The number of golf courses in the United States is dwindling by the year. But on the First Coast, the availability of the sport remains strong as golf courses work steadily to keep up interest in the game.
› Citizens policy proposals draw opposition
Policy changes approved by state-run Citizens Property Insurance Corp. last week would unfairly reduce coverage to repair homes damaged by broken plumbing and result in higher out-of-pocket expenses for homeowners, a statewide insurance reform group says.
› Baby boomers flocking to Southwest Florida
Move over Greatest Generation, the baby boomers are moving in. Source: Headline Data report based on U.S. Census Bureau data. The North Port–Sarasota–Bradenton metropolitan area now has the highest percentage of baby boomers of any mid-sized metropolitan area in the nation.
› Jan Moran and The Jim Moran Foundation donate $100 million to Florida State University
The money will be used to create a school of entrepreneurship named after the nationally known car dealer, who founded JM Family Enterprises and whose family is known for their philanthropic efforts in South Florida.
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