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Metropolitan DC Local Politics
Reply to "MoCo Looking to Cut Debt"
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[quote=Anonymous]The issue isn't one of total debt per se, it's the unsustainable spending increases where the council EVERY year has to vote to go beyond the stable spend rate. It actually in some ways makes sense to add debt now at such low rates, as long as it is tempered with some way to scale back future spending.[/quote]
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