California State Controller John Chiang joined a bipartisan group to denounce the state’s planned sale of buildings to raise money in the short-term.
The group has released a report that details $4 billion in hidden costs for taxpayers.
“Using one-time revenues to try and solve a structural budget gap is always bad policy, as it simply moves the need to make tough decisions ahead in time,” writes the study’s author, Christopher Thornberg.
You can read the rest of the report here.
Bipartisan Group Sheds Light on Hidden Costs of Governor’s Planned Land Sale
Categories: Center for Public Accountability