Let’s be clear here. A mega-billion dollar rail bond is a bad deal for California taxpayers. Not only because of the principle that an eneavor such as this should be financed via user fees, not on the backs of tens of millions of taxpayers (not counting the ones not yet born) — but California is already over-loaded with debt.
This “fix” legislatuon that appears to be up for a vote in the Assembly today has as a major purpose making this boondoggle more palatable to voters.
Conservatives should be committed to defeating this bond measure. This includes voting against legislation designed, in essence, to help it pass.
The FlashReport joins with the Howard Jarvis Taxpayers Association and others in strongly urging a NO on the bill.