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Under the plan, the company will dissolve and its owners, members of the Sackler family, will pay as much as $7 billion of their personal fortune to states, localities, tribes and others harmed in the opioid crisis.
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Signs that the chancellor has backtracked on plans to raise income tax dominate Saturday's newspapers.
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The overhaul shifts funds to transitional housing requiring work and addiction treatment. The administration says it promotes "self-sufficiency," but critics warn many will risk losing housing again.
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