ATLANTA - Louisiana voters Tuesday trounced a constitutional amendment to limit state borrowing and spending.

The proposed amendment, which was hammered out in a state constitutional convention this summer, called for a gradual reduction in the amount of general obligation bonds the state could issue in any year to 70% of bonds retired that year. The amendment also would have required the Legislature to adopt a comprehensive debt management plan to take effect no later than Dec. 31, 1993.

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