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La. weighs hefty borrowing to pay levee debt

After Hurricane Katrina, Louisiana elayed paying its debts for improvements to the federal flood protection system stretching across five parishes in the New Orleans area. The massive bill totaling as much as $3 billion is coming due, leaving the state sifting through unpleasant financing scenarios.

Gov. John Bel Edwards is asking lawmakers to consider borrowing more than $1 billion across several …

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