Skip to comments.Panel gives nod to bond for bridge Governor still not keen on Perata's $7.7 billion idea (CA)
Posted on 05/05/2005 1:41:36 AM PDT by Simmy2.5
Sacramento -- A state Senate committee approved a $7.7 billion bond proposal Tuesday that would help pay for the new eastern span of the Bay Bridge, along with a variety of transportation, port and levee projects throughout the state.
"This is basically a savings plan," said Senate President Pro Tem Don Perata, D-Oakland, the bill's sponsor. "We are going to save California's economy by doing this."
(Excerpt) Read more at sfgate.com ...
"This is a radical and entirely unsound departure" from the traditional method of funding such projects, McClintock said.
Yeah...more bonds! Screw the entire state! Sheesh. Just raise the freaken toll! We wanted a fancy bridge (that might become a 'boring' causeway anyway), we should pay for it!
YUP, and the politicians have A BRIDGE to sell us, literally.
This man must be afflicted with severe mental deficiencies.
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