No Deal on Infrastructure Bond Vote

Saskal, Rich
March 2006
Bond Buyer;3/17/2006, Vol. 355 Issue 32341, p1
Trade Publication
The article reports on the failure of California lawmakers to agree on placing a major infrastructure bond measure on the state's June 2006 ballot. Governor Arnold Schwarzenegger announced a 212 billion dollar spending plan that included asking voters to approve 68 billion dollars in general obligation bonds. According to the author, the bond measure was not agreed due to the conflict of interests between the Democrats and the Republicans.


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