GOP opposes tapping pension funds and 75-year Sound Transit bonds, calls for governance fixes
Republican senators opposed using pension assets to balance the budget and criticized a proposal to let Sound Transit issue 75-year bonds, calling that approach financially irresponsible and urging governance and oversight reforms for transit bonding.
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Republican lawmakers used the briefing to oppose two distinct fiscal ideas they say pose long-term risks: tapping public pension funds to balance the budget and allowing Sound Transit to issue 75-year bonds.
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