TITLE

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

AUTHOR(S)
Whalen, Robert
PUB. DATE
April 2006
SOURCE
Bond Buyer;4/5/2006, Vol. 356 Issue 32354, p3
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
20496063

 

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