[Amerigomag]

One Prop 57 would float a $15 billion bond to bail out the state for previous overspending. The second initiative Prop 58 would cap spending.

The emphasis is mine because the statement is a deception.

Prop 58 authorizies the bonding.

Prop 57 simply sets the amount.

[NormsRevenge]

[calcowgirl]

One Prop 57 would float a $15 billion bond to bail out the state for previous overspending. The second initiative Prop 58 would cap spending.

The emphasis is mine because the statement is a deception.

Prop 58 authorizies the bonding.
Prop 57 simply sets the amount.
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Amerigomag, I like your interpretation. Here's mine:

Prop 58 authorizies the bonding.

Prop 57 amends the Constitution to permit the debt.

Without the Prop 57 Constitutional Amendment, the borrowing is prohibited by the Constitution.