Proposition 3
“Children’s Hospital Bond Act”
Authorizes issuance of $980 million in bonds to build, renovate and equip children’s hospitals.
Los Angeles Times editorial, Oct. 2, 2008:
“Proposition 3, which would authorize nearly $1 billion in general obligation bonds to benefit hospitals that treat seriously ill children, is a testament to the problems in the state’s healthcare system and the need for comprehensive reform. We’d rather see a broad proposal to rationalize how Californians pay for and receive healthcare, but that’s not an option this year. Instead, we have to deal with the inefficiencies and imbalances as best we can, and Proposition 3 is a necessary part of that effort.”
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