Title

"Politics and Other Mistakes" piece on the new state budget, noting that this bu

Authors

Al Diamon

Source

Portland Phoenix

Date

4-1-2005

Pages

8

Abstract

"Politics and Other Mistakes" piece on the new state budget, noting that this budget is $450 million short on the revenue side and that special revenue bonds will be used to bridge the gap. The budget will likely cause the bond-rating agencies to downgrade Maine's borrowing capabilities, resulting in more interest paid on the revenue bonds. Details.

Subjects

Budget Maine, Bonds Rating, Maine Bond issues

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