California Voters Reject Schwarzenegger Budget Balancing Remedy

5-19-09 • Bloomberg.com

California voters appear to have rejected a package of budget-balancing measures that Governor Arnold Schwarzenegger said were needed to keep a $15 billion deficit from widening to $21 billion.

1 Comments in Response to California Voters Reject Schwarzenegger Budget Balancing Remedy

Comment by Powell Gammill

Entered on: 5/20/2009 11:39:03 AM

Now we will see if the Gov. holds up his end of implementing the threat of cutting an additional $8 trillion in government expenditures if the measures didn't pass. Wanna bet? Despite the clear will of the voters to absolutely make those further cuts to government, I am sure $8 trillion will not be cut.

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