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MARC CHASE: Massive municipal debt should make us all queasy

MARC CHASE: Massive municipal debt should make us all queasy

Not all debt incurred by government is dangerous or irresponsible. Taking on debt for capital projects — including roads, needed building renovations and so on — with a clear and identified plan for repayment is an accepted practice of doing government business.

May 30, 2013 12:00 am
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