Putting up Roadblocks to More Spending
Whether or not Rhode Island voters pay so little attention to what they’re doing that they’d confuse political ads from Massachusetts as applying to ballot questions in Rhode Island, I don’t know. But as always, my recommendation is to vote “no” to transportation bonds — our Question 1:
Although it’s described as an $87-million bond issue, the actual cost to the taxpayers would be much more when the associated costs are counted. The total cost would be $152 million, according to the secretary of state’s Voter Information Handbook, including $64.7 million in interest, assuming that the bonds were paid off over 20 years at a 6-percent interest rate.
If money for transportation is as important as the government folks are saying — and we all know that it is — then it should be a primary expenditure in the budget, not an afterthought that requires voters to commit to more money. That’s the game, of course: spend the general revenue on things that would never pass a direct vote and then ask for more money to fund what’s necessary. The game has to end.
Rhode Islanders should shoot down the bond question and then demand that our representatives fund the DOT anyway.(without raising taxes). If we don’t put our foot down, they’ll never stop scamming us.