First of all, I object to the amount of bonded indebtedness we've already incurred with exorbitant measures that have been pushed and passed at a bipartisan level. The money isn't free. The 20 billion the state would borrow for this measure will double in costs over the next 30 years.
Secondly, the money is ostensibly for congestion relief, but the bulk of the funds would go to road expansions which is temporary relief. The expansions historically lead to more mass housing developments, which quickly fill up the roads again - or to quote my environmental law professor: "if you build it, they will come." Only a small portion of the funds go to public transportation, the only serious way to address traffic congestion.
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