Answer:
There is a potential for conflict
Counties, municipalities, special districts and school districts
Answer:
<u><em>The United States federal government issues bonds to finance the ongoing operation of government services, to pay interest on existing debt and to undergo new projects. Taken as a whole, investors oftentimes refer to bonds issued by the U.S. federal government simply as "Treasuries." However, government bonds have a number of features that distinguish one type from another, and grouping them all together can be misleading.</em></u>
