How and why US states borrow money

Facebook Twitter LinkedIn Reddit Email When states take on debt, it’s usually for large infrastructure projects that may benefit multiple generations — for example, replacing bridges, building hospitals, or expanding highways and transit systems. “Unlike the federal government, states generally limit the use of debt to support capital projects, not operating expenditures,” says Kathryn Vesey…

Verizon ups military debt-relief work

Verizon flipped to the B-side of a recent run of contract wins with various US military divisions, upping a commitment to a debt relief programme for retired service personnel which has erased close to $9 million since launching in 2024. The US operator partnered with ForgiveCo on the debt-relief programme and stated more than 6,000…