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California's Bond Debt

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Forum takes a look at California’s bond debt and its impact on the state’s economy. How do bonds work, and what are the benefits and pitfalls of bond financing?

Guests:

Stephen Levy, director and co-founder of the Center for the Continuing Study of the California Economy

John Shoven, the Charles R. Schwab Professor of Economics and Wallace R. Hawley Director at the Stanford University's Institute for Economic Policy Research, and the Buzz and Barbara McCoy Senior Fellow at the Hoover Institution

Adrian Moore, vice president of research at the Reason Foundation

Brad Williams, director for fiscal forecasting and budget overview at the California Legislative Analyst's Office

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