Editorial

Correction

Thursday, December 4, 2008

Monday's editorial "Tobacco money" said Missouri was among the states that had "traded future payments from the tobacco settlement for up-front cash to balance tight budgets during some lean years." The Missouri Legislature in 2002 authorized the securitization of some of the proceeds from the national tobacco settlement to fund bonds, but no bonds were issued, and the authority was repealed in 2003.

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