Dan Walters

April 28, 2014 12:00 AM

Dan Walters: California politicians jousting over how to spend cap-and-trade money

Free money? There is, of course, no such thing, but politicians consider money borrowed via bonds, federal aid and money from fees “free” because they can spend funds as they wish without directly tapping constituents’ wallets. So it means free of voter backlash.

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