Just Spend what ya ain't got..
It's for the children..
to payoff into their gray years..
When Reagan was governor of California, he stated that there will be no borrowing. If you want to spend more money, we are going to raise taxes. “We will raise taxes until it hurts.”
Too bad he abandoned that as President, but mostly it was done to build the military (after Carter’s disastrous stripping of the military) and outspend the Soviet Union and break their economic backs. Which he did.
As a state level, make them pay taxes (FAIR TAX).
yeah folks remember keep on humping ;-) and have a lot of kids!!! (because finally someone will have to pay the bill for the current spendings)
“And he denied that money heading toward local water projects were pork projects, as critics have suggested.”
I read it invested in people not water. higher salaries, pensions, etc. smaller percent on actual water, water ways, etc.
What's the yield on one of those bad boys?
This is crazy. The state is broke and they its going borrow $11 billion more! You know the costs of this fiasco is going to be well above $11 billion.