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Sunday, January 3, 2010

2010: More Budget Pain For California


2010: More Budget Pain For California:

"During last summer's fiscal crisis, Gov. Arnold Schwarzenegger borrowed the title of a film classic to describe California's budget, saying it contained 'the good, the bad and the ugly.'

He was referring to welfare reforms and the streamlining of state boards that he was able to broker, along with deep spending cuts for schools, health care programs for the poor and AIDS-prevention efforts.

All that's left in 2010 is the ugly.

The nation's most populous state faces a nearly $21 billion shortfall over the next 18 months, a deficit that comes after years of making deep cuts in core state programs."