Wednesday, September 20, 2006
Recent polls show voters are favoring -- by slim margins -- the multibillion-dollar California public works bond package. But two nonpartisan groups say voters should reject the measures.
The $38-billion bond plan would be the state's biggest investment in roads, schools and housing in more than 40 years. But the Reason Foundation and The Performance Institute, based in San Diego, say the package is too costly. Carl DeMaio, with The Performance Institute, says infrastructure investment is needed.
DeMaio : But we need to ensure that the money goes to the intended purposes, that it's a proper use of debt as well as that we're living within our means. And unfortunately the current package as presented to the voters fails to keep us within our means and fails to ensure accountability that the funds will be put to the best use.The bond proposals are supported by Governor Arnold Schwarzenegger and the Democratic-dominated legislature, which put the measures on the ballot. Ed Joyce, KPBS News.