Americans appear to have passed at least $12 billion of state and local government borrowing during Tuesday’s election, according to preliminary vote tallies of
Approved measures include a $1.9 billion referendum for Columbus, Ohio, to finance affordable housing and a $1.4 billion school renovation proposal in a district near Dallas.
The proposals show a continued need for infrastructure investment in the US. State and local government borrowing is up roughly 13% so far this year compared to the same period in 2024,
A $460 ...