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bonds

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  The U.S. Department of Justice said in a court filing last week that it’s unconstitutional to keep people behind bars just because they can’t afford to pay bail. Some bail bondsmen in New Mexico argue people in poverty shouldn’t be allowed to skirt the law.

Photo by VibraCobra23 via www.flickr.com

The Navajo Nation plans to issue its first bonds to raise funds for local infrastructure projects. Unlike their state and municipal counterparts, tribes typically face more challenges borrowing money.  As Laurel Morales reports from the Fronteras Changing America Desk, this move may pave the way for other tribes looking to stimulate their economies.