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AirTalk

The Big Bond

Now that the special election is over, the Governor is floating ideas to pay for much-needed repairs to the State’s infrastructure. The conventional wisdom is that a huge amount of money is needed to unclog our roads, fix our schools, and properly prepare the state for the next disaster. Now the Governor’s office is talking about floating a bond that could exceed $50 billion—and this from a man who was elected on a platform of reigning in spending. Larry talks to Evan Halper, LA Times staff writer based in Sacramento who wrote today’s story on the possible bond, about this shift in policy.