N.J. May Refinance TTF Debt

Cataldo, Adam L.
February 2006
Bond Buyer;2/13/2006, Vol. 355 Issue 32218, p1
Trade Publication
The article reports that New Jersey Governor Jon Corzine's administration is considering a proposal to refinance debt issued by the financially strapped Transportation Trust Fund Authority (TTF). It offers information about the financial condition of the TTF, which finances highway and mass transit spending for the state. The author also discusses the action taken by the local government to address the problem on TTF debt.


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