Dan Walters

April 28, 2014

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.

Dan Walters

Observations on California and its politics

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Dan Walters' column appears in dozens of California newspapers. He joined the Sacramento Union’s Capitol bureau in 1975 and in 1981 began writing the state’s only daily newspaper column devoted to California political, economic and social events. He and the column moved to The Sacramento Bee in 1984. Contact him at dwalters@sacbee.com or 916-321-1195. Twitter: @WaltersBee

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