Children’s hospitals provide health care for children and infants with serious illnesses.
The state could sell $750 million in bonds and use the money to build or expand children’s hospitals in California, or to buy medical equipment for them.
Effect on government spending: |
New spending of about $1.5 billion to pay off $750 million in bonds and $756 million in interest over thirty years. This would cost the state about $50 million per year.