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Bad news for restructuring plan

9/25/2010: State Treasurer Ted Wheeler has called for a halt to state borrowing, saying the state is at its limit. From Tim Sickinger in the Oregonian. Lariviere’s plan for a $800 million bond would reduce state costs, because the bond payments would surely be limited below current direct appropriations to UO, but it would increase state debt. Those damn accountants.

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