By Zach Williams, includes “… ‘The governor likes to brag about how the state's debt ratings are really good,’ Kaehny said. ‘Of course, the debt ratings for the state proper are really good because it's only borrowing 5% of all the money that state government is borrowing. The (other) 95% is coming from the authorities.’ Servicing much of that debt will cost taxpayers in the long run even though it will not show up on the official state budget. …”
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