yes state can borrow money from union and even outside the country
Governments raise most their funds through taxes and other revenue, and occasionally tax revenue is not enough for pay for the government taxes so as a result the government must borrow money by issuing bonds. A bond is a certificate stating that the government has borrowed a certain sum of money from the owner.
The UK government in common with many first-world governments issue "gilt bonds" into the financial markets which return a fixed guaranteed interest.from the federal reserve.
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BORROW MONEY
The government borrows money just like any other person would borrow money, they might need it for projects, maybe for bail outs or anything they are doing , go to http://bussinessmouse.googlepages.com
Concurrent powers
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People of common traits with the ability to govern
concurrent powers
State, county, and local governments also borrow money by selling municipal bonds (frequently referred to as "munis").
they dont have any
Borrow money and levy taxes
b. bond
-enforce laws -establish courts -borrow money -secure the population -build an infrastructure -collect taxes -make laws
The type of instrument the State can use to borrow money is through Goverment Bonds.
State governments cannot declare war or issue their own money.
Borrow money and levy taxes