January 8, 2014
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Alexandria's Debt Has More Than Doubled Over Last Decade
City officials are on the verge of violating their own debt ceiling.
In the last decade, the city's debt has more than doubled from $200 million to more than $500 million — a burden that is becoming increasingly difficult for the city to manage, especially considering plans for Alexandria to finance the construction of a new Metrorail station at Potomac Yard.
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