State finance experts recommend major increase in borrowing

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BOSTON — Construction costs have escalated so quickly over the last two fiscal years that the purchasing power of the state’s capital investment plan has been “significantly eroded,” a panel of state finance experts said this month as it recommended the largest increase in borrowing for capital spending in at least a decade. The Capital […]

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Massachusetts , United States , Boston , Kaitlyn Connors , Deval Patrick , Charlie Baker , Rail Enhancement Program , Capital Debt Affordability Committee , Division Of Capital Asset Management , Office Of Administration , Executive Office , Capital Asset Management ,

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