California Legislature likely to ask voters to borrow $20 billion for climate, schools
- Money from the bonds will cover budget cuts and fund various state projects long-term.
- The climate bond's cost is over $19 billion, with annual payments of $650 million, straining state finances.
- A significant portion of the climate bond will enhance water supply and wildfire preparedness.
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Leaning Left9Leaning Right0Center9Last Updated4 days agoBias Distribution50% Left, 50% Center