Letter: A Second, or Third, Mortgage on Minnesota
The federal stimulus package that is still being shaped in Washington is already approvingly awaited in the thirsty coffers of St. Paul.
I cannot repress two questions: Is the federal government's intention to increase state borrowing and debt? And do the states intend on their part to use the stimulus package, in whole or significant part, to avoid facing up to their standing debt and actually taking on increased future debt?
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