The California Budget: Yikes
When it comes to California's budget situation, no matter how bad you think things are, they're probably worse. The Mercury News puts a $40 ...
When it comes to California's budget situation, no matter how bad you think things are, they're probably worse. The Mercury News puts a $40 billion shortfall in context:
SACRAMENTO -- If Gov. Arnold Schwarzenegger were to fire every employee in state government tomorrow, it would easily patch California's enormous deficit, right? Not even close.
But surely shutting down all the state prisons would do the trick? That, too, would only get him about a quarter of the way there.
Now what if he were to close every prison and cut off funding for health care and other services for the poor? Now we're in the ballpark.
The shortfall makes it quite likely that Schwarzenegger will remain unpopular for the remainder of his term. My question is whether that matters or not for the 2010 governor's race.
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