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Tuesday’s top story: Sacramento pursuing water bond despite hard times

Posted by: Maven on May 26, 2009 at 8:39 am

From the San Diego Union Tribune:

Water bonds have always been a tough sell even in the best of fiscal times. Now a cash drought and a public sour on politicians make that job all that much more difficult.

Nevertheless, Gov. Arnold Schwarzenegger and lawmakers still plan deep budget cuts – perhaps totaling $24 billion – while pursuing a costly water bond at the same time.

The governor’s tone did not reflect brimming confidence going into the eventual crushing defeat of his budget propositions in last week’s special election. “As soon as you see . . . those propositions fail, we will be consumed by budget talks and figuring out where to make the cuts,” he said just before the vote.

Schwarzenegger has endorsed raising more than $10 billion through a water bond that could go before voters next year. Of that, $3 billion would be set aside for reservoirs. Environmental restoration, water quality and conservation programs also would be in line for funding. Four competing bond proposals have been introduced.

Moreover, Schwarzenegger will insist that all major elements of legislative action on water come to his desk as a package before he signs any bond, his aides said.

Get the rest of this story from the San Diego Union Tribune by clicking here.

May 26, 2009 · Filed Under Legislation - State & Federal

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