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Page Hometown » Alabama
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Archived [ARCHIVED THREAD] - Question Regarding Alabama's State Debt
Posted: 4/8/2017 4:01:33 PM EDT
It's been years since I lived in Alabama. IIRC Alabama did not have a debt or could not constitutionally run a debt.
Is that true?

I've found conflicting things on the internet. I only ask because some liberal was talking about state debts etc. at work.

Any info appreciated.
Link Posted: 4/9/2017 9:30:13 PM EDT
[#1]
They have to have a balanced budget but they can take on debt and do quite frequently.

Link Posted: 4/10/2017 10:15:16 AM EDT
[#2]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
They have to have a balanced budget but they can take on debt and do quite frequently.
View Quote
In the form of bonds etc then I would
Guess

Thank you
Archived [ARCHIVED THREAD] - Question Regarding Alabama's State Debt
Page Hometown » Alabama
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