ANNAPOLIS, Md. (AP) -- Virginia's governor is livid that his famously tight-fisted state could face higher borrowing costs to build roads and schools. Maryland has put off a $718 million bond sale for three days because of the current financial uncertainty. And California plans to borrow about $5 billion from private investors next week to ensure it can cover day-to-day operating expenses should the federal government default on its debt....
Debt Debate Reverberates In State Governments
By BRIAN WITTE, Associated Press
Fri, 07/22/2011 - 1:03am
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