How To Make A California Slush Fund Even Slushier
California Air Resources Board's cap-and-trade program auctions
By Katy Grimes —— Bio and Archives--February 23, 2016
American Politics, News | Comments | Back To Full Article
While the state of California is extracting billions of dollars from businesses and utilities through the California Air Resources Board's cap-and-trade program auctions, the Legislature can't decide how to spend the billions.
Instead, lawmakers have been arguing over how to direct the monies into their own districts on some rather dubious projects, and predictably, on public transit and light rail trains.
Gov. Jerry Brown has his own dubious project: He carved out more than $1 billion of cap-and-trade revenue for his unpopular high-speed-train-to-nowhere.Welcome to CFP’s Comment Section!
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