TITLE

National parks should forget bonds, borrow from Treasury, official says

AUTHOR(S)
Resnick, Amy B.
PUB. DATE
October 1997
SOURCE
Bond Buyer;10/10/97, Vol. 322 Issue 30249, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports that US Treasury official Mozelle Thompson has told the Senate that using private market bonds to finance capital projects in national parks would be more expensive than borrowing from the Treasury. Citing of conflict with federal financial policy; Bonds' ineligibility for tax exemption; Other problems with tax-exempt bonds.
ACCESSION #
9710256983

 

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