 SAN FRANCISCO (KCBS) -- The financial downturn could make it harder for the four bond measures on California’s November ballot to earn approval from state voters.
Voters have a history of turning down similar proposals when the economy goes south, according to Mark DiCamillo, director of the California Field Poll.
The four measures combined would authorize the state to issue more than $17 billion in bonds.
 KCBS' Chris Filippi Reports
Nearly 90 percent of bond measures put on the ballot with Governor Schwarzenegger in office have been approved, but DiCamillo says during the economic downturn of the early 90s the passage rate was much lower.
This year's bonds would fund such things as high-speed rail and mortgages for veterans.
(clo) |
