Monday, January 26, 2009
With the California legislature stuck in a deadlock over how to cover a $40 billion budget shortfall, many public construction projects across the state have either slowed down or stopped work altogether. But a new report by the
Public Policy Institute of California
says the current budget crisis is not the only problem affecting infrastructure projects in our state. The report claims California's ability to fund transportation, water, education, and other critical infrastructure projects is fundamentally flawed. And, that problem is only being increased by the current recession and credit crunch.
- Ellen Hanak. research director for the Public Policy Institute of California. She is author of the new PPIC report "Paying for Infrastructure: California's Choices".