Pros & Cons of VotingProposition 60A
... the longer term—potentially low tens of millions of dollars from accelerated repayment of existing bonds. Pros: A vote yes on proposition 60A would pay off tens of millions of dollars worth of interest on bonds. The government would sell the surplus. This would make California a cleaner place without a lot of surplus. It also makes bonds much easier to afford. We would get over $1,000,000 worth of surplus out of the state and would help pay off interest on bonds with the money. Defending this Proposition: 1. Dan Stan Ford Former Chairmen California Fair Political Practices Commission 2.Barbra O’Connor, Ph.D. Director Institute for the Study of Politics & Media California State University, Sacramento 3.George N. Zehovich, Associate Justice Retired, 5th District Court of Appeal Cons: Proposition 60A is said to not go far enough. It doesn’t force the selling of surplus. I...