Exact(1)
The State Constitution requires a balanced budget by July 1, and if the judge blocks the bonding, officials will have to make up for the $1.9 billion with some combination of tax increases, spending cuts or borrowing.
Similar(59)
How long the surcharge lasts depends upon the rate of interest on the bonds, officials said.
Randy McMichael was released last night on $5,000 bond; his wife was freed on $1,000 bond, officials said.
The lawyer, Herbert Jacobi, 62, of Dix Hills, was released on a $1 million bond, officials said, shortly after his arrest in June.
MOSCOW — Russia has split its oil proceeds into two funds and cleared the way for one to invest in foreign stocks and bonds, officials said Thursday.
Indeed, they could fall so low that the bail-out credit line became redundant and the ECB would not even need to buy bonds: officials talk of a "virtual" rescue.So why not put in a request now?
More likely is a plan to combine much of Europe's bad debt into a single fund with the idea of paying it off over 25 years, an idea gaining traction in Germany as an alternative to euro bonds, officials say".
They were released on $100,000 bond each, officials said.
All of this makes a sudden sell-off of government bonds unlikely, officials argue.
He was freed after posting a $2,500 bond, jail officials said.
They also want a higher interest rate on the new bonds than officials are willing to sanction.
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