Veterans bond measure: Dan Walters misleads on Prop 41
05/27/2014 11:05 AM
05/28/2014 12:06 PM
Re "Backers of vet bond issue are misleading" (Capitol & California, May 26): Dan Walters' superficial analysis of Proposition 41 misleads voters while accusing the proponents of misrepresentation.
Walters says the initiative will cost money while ignoring multiple studies, most recently by the Los Angeles Economic Roundtable, a business group, showing that housing homeless veterans saves $3 to $4 tax dollars for every dollar spent. His argument that Proposition 41 provides new debt is wrong. Voters already approved the bonds authorizing California to incur the debt. Proposition 41 allows debt already approved by voters to be spent for veterans and their families in need of housing, while preserving hundreds of millions of dollars for traditional veteran home loans.
Proposition 41 is smart and compassionate public policy applying existing bonds to urgent needs and saving taxpayers hundreds of millions of dollars. More importantly, it provides badly needed housing to the brave men and women who put themselves at risk to preserve our way of life.
-- Stephen Peck, Los Angeles
Editor's Choice Videos
Join the Discussion
The Sacramento Bee is pleased to provide this opportunity to share information, experiences and observations about what's in the news. Some of the comments may be reprinted elsewhere on the site or in the newspaper. We encourage lively, open debate on the issues of the day, and ask that you refrain from profanity, hate speech, personal comments and remarks that are off point. Thank you for taking the time to offer your thoughts.