Capitolwire: Advocates have strong views on $400 million ballot question
October 31st, 2008HARRISBURG (Oct. 31) – Next week’s election ballot will feature a question over whether the state should borrow $400 million for water and sewer upgrades.
Some critics say the state’s expected revenue shortfalls – which could total as much as $3 billion, depending on who is estimating – make now the worst time for the state to borrow money.
But others, including the governor, say a slowing economy is even more reason to invest in antiquated infrastructure. They said the borrowing would create jobs and stimulate the economy.
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