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To: calcowgirl
Prop. 1A Transportation Funding Protection: YES!

Yet another issue upon which I and the honorable Senator McClintock disagree.


15 posted on 07/28/2006 8:33:11 PM PDT by Amerigomag
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To: Amerigomag
Prop. 1A Transportation Funding Protection: YES!

Yet another issue upon which I and the honorable Senator McClintock disagree.

Yeah, me too. I'll be voting NO on Prop 1A. I think it's totally window-dressing (smoke and mirros) AND it lets them defer all prior borrowed monies for a longer time period. Under existing law, all monies need to be paid back by 2009. Prop 1A extends it to 2016.

LAO: "In addition, the measure lays out a new schedule to repay the Proposition 42 suspensions that occurred in 2003‑04 and 2004‑05. Specifically, the suspended amounts must be repaid and dedicated to transportation uses no later than June 30, 2016, at a specified minimum annual rate of repayment."

16 posted on 07/28/2006 8:40:58 PM PDT by calcowgirl ("Liberalism is just Communism sold by the drink." P. J. O'Rourke)
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To: Amerigomag
I'd be for reasonable borrowing on genuine capital improvement projects. The bonds don't guarantee the money will be spent on them and much of it is pork. We shouldn't leave accumulated debt for our children and grandchildren to pay off because we're too selfish to make hard choices. Its not the taxpayers' fault our infrastructure is crumbling. The State Legislature could have set priorities in their budget. They didn't and the best thing we could do is not bail them out of their unwillingness to put California's needs ahead of the demands of special interest groups. Just vote NO to ALL the bonds and tax hikes on the fall ballot.

(Go Israel, Go! Slap 'Em Down Hezbullies.)

21 posted on 07/28/2006 9:30:10 PM PDT by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives On In My Heart Forever)
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