News

November 4, 2015

Arcane bond measure sparking protest. Initiative requiring public vote might have enough signatures for ballot.

Nov. 4, 2015 / News / Steven Greenhut, The San Diego Union-Tribune

“…Currently, California voters must approve public-works projects that are funded through general-obligation bonds paid from the general fund. These are taxpayer dollars, so the thinking is taxpayers ought …

October 9, 2015

Voters should have a voice on infrastructure

Oct. 9, 2015 / News / Michael Machado, former California State Senator, Contra Costa Times

“…Unfortunately, today we see politicians and state bureaucrats trying to use “revenue bonds” to pay for large infrastructure projects. These projects require no legislative hearings, …

September 25, 2015

Not just another rich guy with an idea

Sept. 25, 2015 / News / Dan Morain, Sacramento Bee

“…Legislators authorize revenue bonds – the intended target of Cortopassi’s initiative – on their own by simple majority votes, and repay them from revenue from whatever project they finance. Think …

July 15, 2015

Ballot Measure Will Require Public Vote on Statewide Spending Projects

July 15, 2015 / News / Jon Fleischman, Breitbart

“…Right now, any big government projects costing over $2 billion in general fund dollars need a vote of the people. However, revenue bonds don’t need a vote. So politicians start projects …