Members of Congress have expressed concern that money provided by the fund feeds corruption in those countries.
The fund, fed by a 14.5-cent-a-gallon tax on gasoline, is expected to be drained by June 2006.
The compromise is a fund fed largely by wage-based contributions, but with the option of a flat-rate fee on top.
The difference is that the Legislature's final budget backs up those bonds with the state's general fund, rather than a special fund fed by the mortgage recording tax, as Mr. Pataki envisioned.
The General Land Office, custodian of an $18 billion school fund fed by state land revenues, researched old records, deciphering faded scripts and tracing black oak and hickory trees as boundary "monuments".
Though no taxpayer money was spent — there is a fund fed by private donations for White House décor — there were the inevitable howls of protest on the timing and the taste.
After a protracted debate during this session on where the money should come from, budget leaders appeared poised to come to a deal on taking $2 billion from the state's bulging Rainy Day Fund, fed largely by oil and gas tax revenues, to endow a special fund for water projects.
Borloo came up with four solutions to the crisis: a "massive intervention" of Europe's main banks, especially the European Central Bank; the setting up of an "anti-speculation stabilisation fund"– fed by a tax on financial transactions; the "cleaning up" of public finances in western economies, and the "organisation of international financial regulation".
At the same time, the CPA had managed to dole out almost all of a $20 billion development fund fed by Iraq's oil sales, more than $1.6 billion of which had been used to pay Halliburton, primarily for trucking fuel into Iraq.
What galls state employees and many liberals in the state is the refusal by Gov. Rick Perry and his House allies to buffer some of the pain by tapping into the more than $6 billion left in an emergency fund fed by taxes on oil production.
It's Network Locum's first acquisition and follows the closing of a $7 million Series B round last month, led by U.K. fund BGF Ventures — feeding a stated strategy of unifying locum booking needs across the U.K. onto a single platform.
