Regional News
Perry Proposes More for Texas Transportation, Water
Tuesday, January 29, 2013
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Texas Gov. Rick Perry called for a constitutional amendment that would allow $1.8 billion in tax relief and a budget that would use $3.7 billion from the rainy day fund for water and transportation projects.

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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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