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“No other organization that I can think of—either public or private—has gone through a similar downsizing so rapidly and continued to function at a high level,” explained Donahoe. “It all comes down to one word for this industry: affordability. The faster we can reduce costs, the better we can avoid pressure to raise prices. That’s why we continue to seek comprehensive reform legislation to provide more flexibility in our business model to create a sustainable platform for the future.”
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