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La. Prepares Against Budget Uncertainties

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BATON ROUGE, La. (AP) Louisiana borrowed $187 million Aug. 30 to keep money flowing to state-financed construction work, with continued budget uncertainties and the recent flooding damage raising questions about which projects will proceed. The Bond Commission, which oversees construction spending, approved the general obligation bond sale, which involves borrowing money by selling bonds to investors for upfront cash….

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