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| Maine Governor Unveils Jobs-Bonds Plan |
| 01/15/2013 2:54 PM ET
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| Gov. Paul LePage is announcing a wide-ranging jobs plan, which includes repayment of a big hospital debt. |
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PORTLAND, Maine (AP) _ Gov. Paul LePage is announcing a wide-ranging jobs plan, which includes repayment of a big hospital debt, release of voter-approved bonds for highways and other public improvements, and construction of a new prison in Windham.
LePage presented details of his plan at a news conference in Portland on Tuesday. He wants to repay Maine hospitals for a $484 million Medicaid debt with a combination of revenue bonds and a federal match.
With that paid, the governor would release $105 million in voter-approved bonds for transportation, conservation, clean water projects and energy-efficiency projects.
Finally, he's proposing $100 million in government facilities bonds to build a replacement for the Maine Correctional Center in Windham.
LePage says his plan will create jobs, especially in hospitals, which laid off workers because of the state debt. |
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