LA Times Editorial a 'Yes' on 30/10 Transit Plan
"The mayor's innovative plan to complete regional transit projects in just 10 years is a win-win," begins the LA Times in an editorial in support of Mayor Antonio Villaraigosa's vision of having a mass transit city in 10 years time. The plan asks the federal government for $30 to $40 billion in loans with a guarantee that it will be paid back. That's because the voter-approved Measure R--it raised LA County's sales tax--will bring in that much money over 30 years (get it? 30 years of projects, 12 of them, completed in 10 years).