Reason Foundation

http://reason.org
http://reason.org/news/show/new-at-reasonorg-100-billion-i

Reason Foundation

New at Reason.org - $100 Billion in Bonds for CA?

Reason Editors
December 1, 2005, 8:39am

Reason's George Passantino, a director on Gov. Schwarzenegger's California Performance Review, examines calls for a $50-$100 billion infrastructure bond:
Just as a grocery store owner wouldn't ask the alley-way drug addict to take the store's money bag to the bank, asking Sacramento to take this bag of money anywhere is a fiscal disaster waiting to happen. The Governor has become fond of speaking about Sacramento's spending addiction. How does giving them another $100 billion help?
Full Column Here California Research and Commentary Here


Print This