California Schools Ask for $11.6B of Bonds
In next week's general election, California school districts are asking voters to approve 113 separate bond measures, worth a total of $11.6 billion.
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Hawaii plans to price $150 million in green bonds the week of Nov. 3 in its first foray into the bond market with its new Green Energy Market Securitization Program.  more »
Michigan's decade-long policy of repeatedly cutting local aid to help deal with its own fiscal problems has helped drive some of its local governments into fiscal crisis, the Chicago Fed says in a new report.  more »
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Claims against UBS from Puerto Rican investors have surged to $900 million, the group said Tuesday in its third-quarter earnings report.  more »

Americans are suffering the consequences of Congress, governors and legislators across the U.S. pushing the burden of today's costs onto the backs of tomorrow's taxpayers by repeatedly putting off infrastructure repairs and new construction.

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