Should California Bet on Privatizing the Lottery?

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California state spending rises faster than revenue, and nobody wants new taxes.  Programs for the most needy people get cut first.  Governor Schwarzenegger says privatizing the lottery would raise so much money so fast it could jump-start public works projects, pay down the debt and finance universal health care.  Should it be leased… or sold?  Or is it a lousy idea?  We’ll hear a debate in this edition of Which Way, L.A.?

California state spending rises faster than revenue, and nobody wants new taxes.  Programs for the most needy people get cut first.  Governor Schwarzenegger says privatizing the lottery would raise so much money so fast it could jump-start public works projects, pay down the debt and finance universal health care.  Should it be leased… or sold?  Or is it a lousy idea?  We’ll hear a debate in this edition of Which Way, L.A.?

From this Episode:

Credits

Host:

Warren Olney

Producer:

Karen Radziner