WASHINGTON -- More than 200 state and local officials from across the nation will gather in Austin, Tex., next month to grapple with problems caused by dwindling federal dollars and the resulting increased pressure to issue municipal bonds.

The meeting, hosted by Texas State Treasurer Kay Bailey Hutchison from Dec. 4 through Dec. 6, will represent the first formal annual meeting of the State Debt Management Network, which was formed last spring after a series of organizational meetings attended by debt management and oversight officials across the country.

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