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State comptroller: NY debt tops $63B

ALBANY — The state government’s debt has topped $63.3 billion, with New York on track to approach its borrowing limit in early 2014, the comptroller’s office reported Monday. That debt burden, averaging $3,253 per resident, is almost three times the national median, according to the report. New York’s state-funded debt is second only to California’s $96.4 ...