2004 former Reform Party nominee for Vice President; previously Candidate for CA Governor
Opposes Prop 53-infrastructure requires a long-term plan
I'm opposed to Prop 53. It's micromanaging. We do have a crisis of infrastructure, it's super important, but the way you finance infrastructure is very different from the year-to-year budget. It's really a capital expenditure,
and it should be able to self-finance. But we are creating a disaster in the future for the next generation if we don't start straightening out and have a 20-year plan. I really think one of the things we're doing wrong in California is
we're not getting together and coming out with a long-term plan of how to keep our infrastructure and make it possible for our economy, and we need to have funding that's not connected directly with the budget,
but have like when you build a bridge, you pay a fee to go across the bridge. That's what pays for it, and you borrow money to build the bridge. So we can build the infrastructure even without hurting our budget.
Source: Recall Debate, Cal. State Univ. at Sacramento
Sep 24, 2003
