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Christine Kuglin, Director of Truth in Accounting's Daniels College of Business, explains how Virginia's constitutionally-required "balanced budget" can be reconciled with the Commonwealth's billion-dollar debt burden. While some debt can be good, it also carries risk, such as when worker pensions are leveraged and tied to stocks and bonds.

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Sponsored by the Substance Abuse and Addiction Recovery Alliance of Virginia
Christine Kuglin, Director of Truth in Accounting's Daniels College of Business, explains how Virginia's constitutionally-required "balanced budget" can be reconciled with the Commonwealth's billion-dollar debt burden. While some debt can be good, it also carries risk, such as when worker pensions are leveraged and tied to stocks and bonds. Learn more at http://linktr.ee/JacklegMedia Sponsored by the Substance Abuse and Addiction Recovery Alliance of Virginia read more read less

about 1 year ago #balancedbudget, #budget, #christinekuglin, #finance, #generalassembly, #truthinaccounting, #vapolitics