Sentence examples for states borrowing from inspiring English sources

A European debt agency would issue collectively guaranteed e-bonds to cover part of member states' borrowing at a uniform low interest rate.

Nationally, the program is the worst financial shape since the early 1980s, when back-to-back recessions left more than half the states borrowing from the federal government.

He said it could be funded from States borrowing, bonds, or the interest generated from the States' reserves.

Various states borrowed this idea from Australia.

As joblessness rose, states borrowed money from the federal government to pay for unemployment benefits.

Historically when states borrow, the money goes to build roads or prisons.

Some states borrowed money to put in pension funds, expecting profits from investments to more than cover the interest on the bonds.

So many states borrowed money from the federal government, helped by the stimulus act, which gave them a break on interest for nearly two years.

In the 1820s and 1830s many states borrowed overseas to fund canals and other internal improvements.Jonathan Rodden of Stanford University says some investors in such bonds apparently thought the federal government stood behind them.

It took three days to debate the budget, which will also see £300m spent on a new hospital and the States borrow £250m to fund social housing.

Still, he said, "more states borrowed more money than ever before" to handle the deepest downturn since the Great Depression.