Posted on 01/16/2004 3:58:33 AM PST by calcowgirl
Edited on 04/12/2004 6:03:44 PM PDT by Jim Robinson. [history]
The state will still have to borrow to cover its debts if voters do not approve the $15 billion bond measure that is a centerpiece of Gov. Arnold Schwarzenegger's economic plan, Finance Director Donna Arduin told business leaders Thursday.
The day after two polls showed the measure lagging, Arduin stepped up the administration's efforts to win public support for the bond and a companion measure that would prevent the state from ever again borrowing to cover a deficit. The package, termed the California Recovery Plan by the administration, will appear on the March 2 ballot. Both measures must be approved for either to go into effect.
(Excerpt) Read more at sacbee.com ...
Why the hell did we elect this fellow?
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