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Iowa government debt increase largest in nearly a decade

FEBRUARY 13, 2020 | by Jason Clayworth | DES MOINES REGISTER

By Jason Clayworth, includes “… Although the growing government debts may raise concerns, Fitzgerald says it is an opportune time to borrow because of historically low interest rates. … But Dave Roederer … cited a frequent saying among members of his party: ‘You cannot borrow yourself into prosperity. … Debt costs money, no matter how you look at it, not only on interest but in the bond ratings and attorney fees that go into it.’ …”

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