“And in the meantime, if we want to do anything like build a bridge or water system or whatever, we have to go back and sell bonds. So we're essentially borrowing what otherwise would be our own dollars back just so we can build infrastructure or finance other programs.”

Bob Hasegawa · said date not stated · reported 2026-10-29

Washington state Sen. Bob Hasegawa explained that without a state bank, governments must borrow back their own dollars through bonds to fund infrastructure.