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Securitized Tobacco Revenue Uses by State Source: Official Statements, authorizing legislation, and/or bond documents of the respective State issuer NYC Usage: Debt Limit Definition and Circumvention In the late 1990s, around the time the MSA settlement was executed, the City was running out of financing capacity under the Constitutional Debt Limit

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One thing noted was they don't have recycling onsite which is odd

They become tolerant of the effects of tobacco and need to smoke more to get the same results