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98%  
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Keyword: megadebt

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  • CA: Mega-Debt without reward

    10/30/2006 9:29:13 AM PST · by NormsRevenge · 16 replies · 603+ views
    FlashReport ^ | 10/30/06 | George Passantino
    $7,300. That is approximately what each household in California will be asked to cough up to pay for the $42.6 billion bond package on the ballot November 7th, should it pass. While there is a clear consensus that our infrastructure is in desperate need of repair and expansion there is also a growing cynicism that saddling future generations with $84 billion in bond payments over the next 30 years represents more of the same fiscal irresponsibility we have come to expect from Sacramento. Despite tens of millions of dollars in campaign spending to support these measures, a hearty array of...