Borrow and Spend Republicans

Republicans can't stop their addiction to borrowing:

California Gov. Arnold Schwarzenegger plans to ask for an infrastructure bond issue of $25 billion to $27 billion, the Los Angeles Times reported on Thursday, quoting administration sources.

The celebrity Republican has already signaled he is seeking massive spending on infrastructure in the nation's most populous state. But he has not given a final amount after his administration hinted at a number as high as $50 billion.

A bond issue in the $25 billion-$27 billion range would far outstrip a $10.3 billion infrastructure bond proposal from State Senate President Pro Tempore Don Perata, a Democrat.

State Treasurer Phil Angelides, a Schwarzenegger critic and Democratic candidate for governor, has stepped up warnings about the danger of issuing new debt.

They can't stop borrowing. They borrow and borrow and borrow. They need treatment.

(Incidentally, this is exactly what the Gubernor has said over and over again about state Democrats, if you replace "borrow" with "spend." If you're Ahnold, you can borrow AND spend! See how easy that is?)