Why it matters
The approved borrowing could fund public projects and create repayment obligations for state and local governments. The supplied report does not break down the total by location or project.
ECONOMY • UNITED STATES
Voters approve at least $67 billion in state and local borrowing
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BLUF
Voters across the United States approved at least $67 billion in state and local government bond sales during Tuesday’s election, based on preliminary tallies analyzed by Bloomberg. The borrowing is for schools, housing and other public needs, according to the report’s headline.
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