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Proposition 53: A battle over debt
He started out with $3,000 and a VW bug. Now, he’s a multimillionaire bankrolling a November ballot initiative to dramatically change the way the California borrows money for public works.
He started out with $3,000 and a VW bug. Now, he’s a multimillionaire bankrolling a November ballot initiative to dramatically change the way the California borrows money for public works.
One thing about California’s lineup of looming ballot propositions: You can’t say they aren’t interesting. From school bonds to the environment to condoms to drugs to plastic bags, and more, voters already are set to vote on seven propositions on the November ballot. And many more are in the wings.