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California voters approve spending on mega projects

NOVEMBER 10, 2016 | TECHWIRE.NET

By Liz Farmer, includes “… But given Arkansas’ long history of fiscal conservatism, observers say it’s unlikely the state will embark upon a bond bonanza. “Yes, it can be risky eliminating the debt cap but that doesn’t mean it can’t be managed,” said Bill Bergman, director of research for the fiscal transparency group, Truth in Accounting. “Informal mechanisms can be just as effective as formal ones.” …”

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