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# Votes on June 8 approved a $495 million bond issue for a  new topic post reply Question banks Downloads My Bookmarks Reviews Important topics Author Message Intern Joined: 11 Feb 2008 Posts: 13 Followers: 1 Kudos [?]: 0 [0], given: 0 Votes on June 8 approved a$495 million bond issue for a [#permalink]

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16 Feb 2008, 21:53
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Votes on June 8 approved a $495 million bond issue for a state prison construction that is an obvious priority. Now the legislature has voted to put five more general obligation bond issues on the November ballot, adding another$1.5 billion to the state’s
long-term debt. Those on the November
menu include $500 million for building and remodeling public schools,$450 million to
extend the veterans home loan program,
$200 million to subsidize low-interest mortgages for first-time home buyers,$85 million
to acquire land for environmental
protection, and $280 million to help counties expand or remodel their jails. Which of the following statements is a point to which the author is most probably leading? A. Two of these bond issues are certainly more important than the others. B. We must face the obvious conclusion that prison construction is much less important than the improvement of public education and social programs for lawful citizens. C. The cost of these bond issues is, on the face of it, negligible. D. The voters cannot be expected to help make financial decisions for the state because most voters are suffering from their own severe financial problems. E. These five bond proposals are quite enough, and between now and November, voters will have to study them carefully to make sure that five is not too many. _________________ fighter Manager Joined: 02 Jan 2008 Posts: 158 Followers: 2 Kudos [?]: 123 [0], given: 0 Re: cr1 [#permalink] ### Show Tags 17 Feb 2008, 01:24 long one... and E? -- ...adding another$1.5 billion to the state’s long-term debt.
Re: cr1   [#permalink] 17 Feb 2008, 01:24
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