N.Y.S. must curb its 'scandalous' borrowing spree, comptroller says

Kruger, Daniel
January 1999
Bond Buyer;01/22/99, Vol. 327 Issue 30563, p4
Trade Publication
Reports on New York State Comptroller H. Carl McCall's assertion that the state needs to reform its borrowing practices in order to survive an economic downturn. Questioning of New York's `scandalous' borrowing just as its economy is on the verge of recovery; Growth of the state's debt from fiscal 1990 to fiscal 1998; Call for increasing the number of state bond issues.


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