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| News and Current Events What's going on in the world or right here in Southern Maryland? Other sources of what's happening locally: Headline News, Community Calendar, Announcements. |
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| News and Current Events What's going on in the world or right here in Southern Maryland? Other sources of what's happening locally: Headline News, Community Calendar, Announcements. |
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11-19-2003, 07:07 AM
| #1 |
| * * * * * * * * * Member Since: Mar 2001 Location: Hotel California
Posts: 19,715
| Has this ever happened before? ARNIE TERMINATES HIS SALARY November 19, 2003 -- California Gov. Arnold Schwarzenegger will say hasta la vista to a salary as he seeks ways to help his fiscally floundering state. The multimillionaire actor-turned-pol said he'll take a pass on $175,000 in gubernatorial wages yesterday as he proposed a record bond issue of up to $15 billion to fund the state's budget deficit. "I inherited a huge debt," Schwarzenegger said at his first news conference since taking office Monday. "It is not my doing. So now we have to figure out how to work with it." He said the borrowing would have to be coupled with a constitutional cap on state spending. He called for $2 billion in cuts from the state's general-fund budget, and said he would put together the details in the coming days. "Absolutely, there will be budget cuts," he said. "I'm not going to take a salary . . . which is $175,000." |
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11-19-2003, 07:27 AM
| #2 |
| _______________  Member Since: Oct 2001
Posts: 7,161
| Don't think so... And I'll bet it'll never happen again.
__________________ ___________________________________________________________ "If you pick up a starving dog and make him prosperous, he will not bite you. This is the principal difference between a dog and a man." - Mark Twain |
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11-19-2003, 07:54 AM
| #3 |
| Not dead yet.  Member Since: Oct 2003 Location: Calvert
Posts: 1,312
| An honorable move. It's not like he needed the money to live on anyway. I wonder if the CEO at my company would behave that way (fat chance!)
__________________ Shhhh! You smell that? |
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11-19-2003, 08:21 AM
| #4 |
| .  Member Since: Mar 2003
Posts: 12,819
| Didn't Bloomburg do the same thing in NYC? |
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11-19-2003, 08:55 AM
| #5 |
| Oldtimer  Member Since: Feb 2001 Location: Up the hill and down the holler
Posts: 12,602
| JFK donated all his salary to charity while President.
__________________ Taking it one date at a time. |
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