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Deficit darkens bonding outlook

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ST. PAUL - The newly predicted budget deficit is making it unclear whether there will be a public works project bill in 2009.

Known as a bonding bill, the Minnesota Legislature normally would pass at least a modest-sized one when it meets. However, even if no new borrowing is authorized for public works projects, the state is over a self-imposed limit for loan interest payments.


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Don Davis
Don Davis has been the Forum Communications Minnesota Capitol Bureau chief since 2001, covering state government and politics for two dozen newspapers in the state. Don also blogs at Capital Chatter on Areavoices.