But under legislation passed in late 1995, any home - rule unit in a collar county that had the ability to increase a tax levy in 1994 was granted limited borrowing authority. (articles.chicagotribune.com)
Yet, the American people support, by a two - to - one margin, a requirement for spending cuts when negotiating more borrowing authority for the government to pay its bills, according to a new Bloomberg News poll. (politicalticker.blogs.cnn.com)
Previously, the Government only had standing authority to refinance its market debt but needed Parliamentary approval to undertake additional borrowing beyond an existing $ 4 billion of non-lapsing borrowing authority. (3dpolicy.ca)