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  • A Dose of Reality for Schwarzenegger (MClintock opposes California bond measure)

    11/20/2003 8:56:02 AM PST · by FairOpinion · 215 replies · 224+ views
    LA TImes ^ | Nov. 20, 2003 | Gregg Jones and Evan Halper
    "... the governor faced concerns from fellow Republicans over his plan to deal with California's fiscal difficulties without a tax increase. Brulte said he expected the borrowing proposal to pass the Senate eventually. But Sen. Tom McClintock (R-Thousand Oaks) said he would vote against it, and other Republicans interviewed Wednesday echoed concerns already raised by Burton and other Democrats. "I think it's fiscally irresponsible to use long-term, general obligation bonds to meet state expenses," McClintock said after the Senate session. "That is why, for over 100 years, the state Constitution has prohibited that practice — to prevent a prodigal generation...