The interest the state has to pay investors on the bonds it issues for public  infrastructure is ... contract payments and for which the General Fund only  provides back-up security. ... It makes sense to pay the extra cost of using bonds  when this expense is ... In addition to the $37.7 billion in GO bond debt, the state  has nearly $8 ...
This article examines the trust fund reserves and cash flows and their ... Social  Security benefits are paid from the reserves of the Old-Age, Survivors, and ....  trust funds are redeeming their assets: There is no borrowing and there is no debt . .... had gross income (including interest) of $851 billion and gross expenditures  of ...
Jan 13, 2014 ... There is much in the Governor's budget proposal that supports those goals. ... It  erases from the books the debt created by one of the biggest fiscal mistakes ...  But his spending plan is not quite frugal, representing an 8 percent increase ...  state to pay back billions of dollars it borrowed in the recession years.
Jan 10, 2018 ... Rapid response: What they're saying about Jerry Brown's California ... “The  Governor's final proposed budget is no exception, and follows ... That means  increasing the rainy day fund, paying down our out-of-control debt and investing  in ... $134.3 million for new voting systems in his state budget proposal.
Jan 16, 2018 ... Under Governor Cuomo, New York's finances have made a dramatic turnaround.  ... During the five-year period, debt declined from $56.4 billion to $50.7 billion. ....  Ensure No Student Goes Hungry: The Executive Budget proposes .... with new  tools to put money back in the pockets of middle-class families.
The governor has made a "commitment to billions of dollars in debt and new spending without any explanation of how he plans to pay that money back."