California’s financial leaders today stopped several billion dollars in funding for infrastructure projects, saying the state’s lending pool is running dry. But could the move prevent California from taking advantage of proposed Obama administration initiatives to bolster investment in infrastructure as part of an economic stimulus? We look at the implications.
Guests:
Randy Rentschler, director of legislation and public affairs for the Metropolitan Transportation Commission
Mark Paul, senior scholar at the New America Foundation and former columnist for the Sacramento Bee
Ellen Hanak, director of research for the Public Policy Institute of California
Sarah Lacy, columnist for Business Week and co-host of Yahoo! Finance's TechTicker
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