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Fairfax County, Va., holds off on borrowing more for school construction

Fairfax County

has the capacity to borrow close to a half-billion dollars next year to accelerate construction of new schools and renovations to older ones without risking the county's valuable AAA Wall Street credit rating. But county supervisors and school board members are saying "no thanks"—the extra debt payments would force the school system to make cuts in other programs.

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