No on Proposition 4 and its bond debt
This November, California voters will be presented with, among other things, requests to approve $16 billion in funds for what certainly seem like noble efforts.
One of the most eye catching is Proposition 4, the Children’s Hospital Bond Act, which requests $1.5 billion in bonds to help finance the construction, expansion and renovation of children’s hospitals.
Backed by the California Children’s Hospital Association, the measure would cost the public $2.9 billion with interest
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