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Keyword: ballotbackers

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  • CA: $30 billion more proposed for ballot-Backers..needs must be met;critics see long-term troubles

    05/09/2005 9:00:45 AM PDT · by NormsRevenge · 12 replies · 389+ views
    Riverside Press-Enterprise ^ | 5/9/05 | Jim Miller
    SACRAMENTO - California has put a lot of expenses on plastic lately and may add billions more next year. In March 2004, voters approved $27 billion worth of borrowing, including a $15 billion bond to refinance state debt. Last fall, they passed a $3 billion bond to pay for research into stem-cell technology, along with $750 million for seismic improvements at children's hospitals. Since then, legislation to place almost $30 billion in new borrowing on next year's fall ballot has passed initial committee tests. The bonds -- which could pay for projects ranging from a new courthouse in downtown San...