Regional News
Texas Legislature Convenes in Comeback Mode
Monday, December 31, 2012
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Two years after massive spending cuts to deal with a slumping economy, Texas lawmakers are considering measures to ease the impact as they prepare to convene for their 2013 session next week.

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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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