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Starbucks CEO announces $30 million gift for U.S. troops

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NEW YORK -- Eleven years ago after U.S. forces thundered into Iraq at the start of a war that would last nearly nine years, the chairman of Starbucks is announcing a $30 million gift to help war vets.

Howard Schultz told CBS News he fears that with the wind-down of Afghanistan, some Americans may forget too quickly about the needs of the 2.5 million who have served.

In addition to the charitable gift, Schultz told CBS News Starbucks will hire 10,000 veterans or their spouses over the next five years. The Pentagon reminded us today that 6,801 Americans have lost their lives in Iraq and Afghanistan.

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