Regional News
Louisiana Road Group Seeks Tax Hike, $3 Billion of Debt
Wednesday, October 27, 2010
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DALLAS — A transportation coalition is seeking legislative sponsors for Louisiana state constitutional amendments that would raise the gasoline tax and establish a $3 billion bond program for highway efforts.

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Before the financial crisis of 2008-09, it would have been significant news if yields on municipal bonds had exceeded those on Treasury securities at any maturity, and that occurrence likely would have attracted a variety of investors seeking to take advantage of the relative-value opportunity.

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