DALLAS -- Amid concerns about rising toll road rates and debt load, Oklahoma's Legislative Bond Oversight Commission this week defeated Gov. David Waiters' proposal to issue $595.65 million of bonds to expand and improve the state's turnpike system.

In a 4 to 2 vote on Monday, the commission refused to approve the plan, which would have boosted the Oklahoma Turnpike Authority's bond indebtedness by 87.8% and pushed toll rates up by about 35% after inflation during the next five years.

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