"San Jose Mayor Chuck Reed says he will request 2 percent — or $14 billion — of the federal government's $700 billion bailout package."
- Associated Press
Does Reed want the money to prop up essential government services -- police, fire, etc. -- that might be cut due to property- and sales-tax shortfalls? Of course not.
"Reed says the city — the nation's 10th largest — needs the money to fund the extension of rapid transit and expand the area's clean technology businesses."
You're the man, Chuck.
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