Proposed Amendment 61 Spurs Rush To Colo. Bonds

Colorado bonds—get ’em while you can, The Wall Street Journal reports.

A measure on the Colorado ballot for November would ban all borrowing by the state and severely restrict it at the municipal level, making Colorado the only state whose agencies would be unable to issue debt, municipal experts say.

Nor would state agencies be able to turn to banks, since the proposal prohibits raising money that way, too.

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