Maine LePage, Dems reach $149.5 M bond deal

4:56 PM, Aug 16, 2013   |    comments
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AUGUSTA, Maine (AP) - Republican Gov. Paul LePage and Democratic lawmakers have brokered a $149.5 million deal for a state borrowing package.

The deal announced late Friday ends weeks of political wrangling over the size of a bond package proposal and when it should move forward.

Lawmakers will have to return to vote on the proposal, which will require two-thirds majority support. Then it will be placed on the ballot for voter approval.

LePage and GOP lawmakers had been pressing Democrats to immediately advance a $100 million roads and bridges bond to ensure it gets on the November ballot. Democrats had wanted to wait until next month to move a larger bond package forward and put it on the June ballot.

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