Some state legislators question whether a borrowing plan would be constitutional.

But senior Whitman officials worry that interest rates could climb in the coming month, making the borrowing plan more expensive and possibly not viable.

The borrowing plan would be paid for with existing sales tax revenues over 30 years.

We decided not to get into a long-term borrowing plan.

Yet it represents by far the largest borrowing plan in the state's history.

They call the borrowing plan irresponsible and a costly way to solve the state's immediate financial crisis.

Almost half of the 111 borrowing plans for school construction have been defeated by voters in the last 18 months.

He also said that the Treasury was taking a conservative approach with its third-quarter borrowing plans.

The borrowing plan is one in a series of financing proposals that the administration wants to use to close next year's budget gap.

But while opposition to the ambitious borrowing plan has so far been unorganized, it is expected to grow.