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Old 06-08-2011, 12:12 AM   #1
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Name: scooter
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Join Date: May 2005
Location: US of A
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Post NC borrowing method repealed in NC House bill

North Carolina state government could no longer use a method to borrow money without statewide approval under legislation heading through the General Assembly.The House approved Tuesday a measure to repeal a 2003 law making it easier for lawmakers to authorize a certain kind of debt. More than $3 billion in "special indebtedness" has

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