Adds to over a dozen editorial boards from around California that urge support for Prop. 53
SACRAMENTO, CA – Last week, the Daily Republic editorial board released their endorsements for California’s statewide propositions, advocating for a “yes” vote on Proposition 53. The measure would simply require a public vote for state megaprojects that use more than $2 billion in state revenue bonds. It would also increase transparency by ensuring the disclosure of the total cost of a project before the vote.
The Daily Republic endorsement adds to a growing list of editorial support from around the state, including:
Read the editorial on the Daily Republic’s website here: http://www.dailyrepublic.com/
Proposition 53 would require statewide voter approval for state revenue bond projects costing more than $2 billion, closing a loophole that allows politicians to issue massive new debt for multi-billion dollar projects without voter approval. For more information, visit: www.YESon53.com.