To: calcowgirl
Treasurer Phil Angelides, a critic of the $15 billion budget bond, told reporters that the measure will cost every family $1600 -- between cash out-of-pocket and money pulled from programs or raised through higher taxes. I have seen that statement over the last few months, without any time factor associated with it. Isn't that over the lifetime of the bonds? So if the bonds are paid off in 10 years then it is $160 per year or less than $15 per month.
9 posted on
03/03/2004 7:48:11 PM PST by
Ernest_at_the_Beach
(The terrorists and their supporters declared war on the United States - and war is what they got!!!!)
To: Ernest_at_the_Beach
I don't remember exactly... but I think you have it right.
I remember a number of $2000/household for a 15 year period.
So $1600 for 10 years is certainly ballpark.
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