Sandoval touts Nevada’s repayment of federal debt
By Colton Lochhead, Las Vegas Review-Journal
It took nearly the entirety of Gov. Brian Sandoval’s two terms as Nevada’s governor, but the state has finally paid off a nearly $800 million debt to the federal government.
During the Great Recession, the state saw 175,000 jobs dry up and the unemployment rate soar above 14 percent. The state was forced to borrowed some $773 million from the feds to cover unemployment benefits for out-of-work Nevadans.
