1.   The colonial state also invested heavily in infrastructure such as railways and ports.

2.   An exception allows the state to invest in the shares of mutual water companies, but not electric utilities.

3.   As for books and school construction, the state is already investing millions of dollars.

4.   Coasting on their caseload declines, few states are investing in the intensive services their more troubled clients will need, like drug treatment and mental-health counseling.

5.   Flush with federal funds, states are investing in a variety of new employment services.

6.   He is also assuming that the state can invest the borrowed money and earn a higher rate of return.

7.   Over the years, the money would come from interest on the fund, which he suggested the state invest in treasury notes.

8.   Part of that money, for the first time, would be invested by the government in the private sector, much like states invest their employee pension funds.

9.   Operating on the assumption that work requires support, many states are investing in work-related services.