Now would be an excellent time for California to buy the CVP.
ADDED 1/26: In 2010, the Little Hoover Commission proposed spinning off the State Water Project into its own agency (similar to the ISO for the electric grid, I believe). I’d suggest buying the CVP and putting both the projects under the same state agency, as the LHC suggested. Further, there is some urgency in doing this before Westlands gets a huge giveaway from their new friends in DC.