Dismantling the Muni-Bond Debt Bomb

by Benjamin Domenech on 9:31 am July 26, 2010

Malanga: “State and local borrowing, once thought of as a way to finance essential infrastructure, has mutated into a source of constant abuse. Even as Tea Party protesters and taxpayer groups revolt against excessive government spending and taxes, they are paying too little attention to the gigantic state and local debt bomb.”

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