Report: N.Y. Has Borrowed Its Way Into the 'Danger Zone'

Whalen, Robert
April 2006
Bond Buyer;4/5/2006, Vol. 356 Issue 32354, p3
Trade Publication
The article reports on the condition of borrowing through its state and local public authorities in New York. Based on a report released by a state and city government watchdog, the habit of "backdoor" borrowing has been in the debt burden "danger zone." The state has used its authorities to incur too much debt according to a report.


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