California Lawmakers Pitch Early Debt Payment, a First For State

June 1, 2021

In a news conference, Assembly budget chair Phil Ting and his Senate counterpart, Nancy Skinner, said the proposal shows the fiscally prudent approach of the Democratic-controlled legislature.

“Responsible budgeting was one of our top priorities,” Skinner said. “Your cost pressures are reduced if you pay down debt.”

 

To read the full report, click here.