In the gentleman's research on the States and what they are doing regarding capital budget, did he look to see how many of those States might perhaps now be getting into financial difficulty because they have stretched the definition of capital accounting to the point that they now have problems paying for the capital side of the ledger?
Charles W. Stenholm: “In the gentleman's research on the States and what they are doing regarding capital budget, did he look to see how many…”
Editor's note · Context
Questioning the financial practices of states regarding capital budgeting.
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