{"id":13125,"date":"2011-02-09T20:55:46","date_gmt":"2011-02-09T20:55:46","guid":{"rendered":""},"modified":"2011-02-09T20:55:46","modified_gmt":"2011-02-09T20:55:46","slug":"governor-brown-cancels-saleleasebacks","status":"publish","type":"post","link":"https:\/\/calitics.com\/index.php\/2011\/02\/09\/governor-brown-cancels-saleleasebacks\/","title":{"rendered":"Governor Brown Cancels Sale\/Lease-Backs"},"content":{"rendered":"

Well, it was a few weeks in coming, but today Jerry Brown announced that he is cancelling the sale of state buildings.<\/p>\n

California will not go through with its controversial plan to sell state buildings then lease them back to help plug the budget deficit, Gov. Jerry Brown announced this morning.<\/p>\n

The proposed sale of the California Supreme Court headquarters in San Francisco and ten other buildings would have raised $1.2 billion for the state. But Brown said the plan was short-sighted and would have cost taxpayers billions to lease back those buildings over a 35 year period.<\/p>\n

“The sale of the buildings really didn’t make much sense,” Brown said at a news conference at the Capitol.(SF Chronicle<\/a>)<\/p><\/blockquote>\n

Who says elections don’t have consequences?  This is one very real difference.  Had Whitman won the election, you can bet your bottom dollar that the sale would be marching forward.  <\/p>\n

On a grander scale, this is a step towards a more realistic, and less gimmicky budget.  Despite the fact that this will add some additional debt to the short-term pile, this is clearly the right decision for the long term.  <\/p>\n","protected":false},"excerpt":{"rendered":"

Well, it was a few weeks in coming, but today Jerry Brown announced that he is cancelling the sale of state buildings.<\/p>\n

California will not go through with its controversial plan to sell state buildings then lease them back to help plug the budget deficit, Gov. Jerry Brown announced this morning.<\/p>\n

The proposed sale of the California Supreme Court headquarters in San Francisco and ten other buildings would have raised $1.2 billion for the state. But Brown said the plan was short-sighted and would have cost taxpayers billions to lease back those buildings over a 35 year period.<\/p>\n

“The sale of the buildings really didn’t make much sense,” Brown said at a news conference at the Capitol.(SF Chronicle<\/a>)<\/p><\/blockquote>\n

Who says elections don’t have consequences?  This is one very real difference.  Had Whitman won the election, you can bet your bottom dollar that the sale would be marching forward.  <\/p>\n

On a grander scale, this is a step towards a more realistic, and less gimmicky budget.  Despite the fact that this will add some additional debt to the short-term pile, this is clearly the right decision for the long term.  <\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[117,204],"tags":[],"class_list":["post-13125","post","type-post","status-publish","format-standard","hentry","category-117","category-204"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack-related-posts":[],"jetpack_shortlink":"https:\/\/wp.me\/p6Pvhz-3pH","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/calitics.com\/index.php\/wp-json\/wp\/v2\/posts\/13125","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/calitics.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/calitics.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/calitics.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/calitics.com\/index.php\/wp-json\/wp\/v2\/comments?post=13125"}],"version-history":[{"count":0,"href":"https:\/\/calitics.com\/index.php\/wp-json\/wp\/v2\/posts\/13125\/revisions"}],"wp:attachment":[{"href":"https:\/\/calitics.com\/index.php\/wp-json\/wp\/v2\/media?parent=13125"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/calitics.com\/index.php\/wp-json\/wp\/v2\/categories?post=13125"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/calitics.com\/index.php\/wp-json\/wp\/v2\/tags?post=13125"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}