When Does a Lot of Debt Become Too Much?

DeSue, Tedra
March 2005
Bond Buyer;3/21/2005, Vol. 351 Issue 32094, Special section p62
Trade Publication
Focuses on the proposal of North Carolina Governor Mike Easley of a plan to reduce the amount of debt coming from the state. Presentation of the 2006 proposed budget by Easley; Concern of Easley that the state was bonding for too many projects; Increase in the debt service in the state; Discussion of legislators on the borrowing limitations proposed by Easley.


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