New York State Comptroller Edward V. Regan on Friday blasted an $80 million revenue bond deal included in the state's revised fiscal 1992 budget as "the worst fiscal gimmick in this state."

The offering entails the New York State Thruway Authority selling $80 million of revenue bonds to finance a portion of its capital program, which has been funded on a pay-as-you-go basis from the proceeds of toll collections. Tools were raised in the late 1980s to support this program.

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