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California Online Voter Guide

10th Edition, March 2004 Primary Election

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Proposition 57: The Economic Recovery Bond Act. Passed

Official Summary

One time bond of up to fifteen billion dollars ($15,000,000,000) to retire deficit. Fiscal Impact: One-time increase, compared to previously authorized bond, of up to $4 billion to reduce the state's budget shortfall and annual debt-service savings over the next few years. These effects would be offset by higher annual debt-service costs in subsequent years due to this bond's longer term and larger size.

Campaign Web Sites and Contact Information

Who Signed the Ballot Arguments

Yes on Proposition 57:

No on Proposition 57:

For More Information, CVF Recommends...

The California Secretary of State publishes the Official Voter Information Guide with both a Quick Summary and Detailed Information about Proposition 57. The Secretary of State can also tell you who is raising and spending money on Prop 57 through Cal-Access, its campaign finance website.

Other good nonpartisan resources include the League of Women Voters' Pro/Con Analysis and In-Depth Analysis of Proposition 57, and the Easy Reading Voter Guide.

This page was first published on February 12, 2004 | Last updated on February 10, 2006
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