Word: defaulted
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Dates: during 1970-1979
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...driver. Yet traffic on the world's longest bridge-tunnel has been only half of what the experts predicted. In 1969, for example, drivers paid $8,100,000 in tolls, less than half of the originally projected revenues. This discrepancy may well cause an embarrassing default on some bond interest payments...
...propriety of using tax money to pay off the bonds. The matter has caused anxious debate in the assembly, where the argument for support is that the state's reputation for fiscal integrity would be tarnished if Virginia let the bond issue of a political subdivision go into default...