California Voters Reject Schwarzenegger’s Third Attempt to Reform State Budget
Gov. Arnold Schwarzenegger wanted to permanently fix California's "broken budget system." But three times now he has tried and failed to smooth out the state's roller coaster revenues.
Voters on Tuesday resoundingly rejected his latest effort, a package of budget-balancing measures that he promised would provide a short-term patch for the current financial crisis and prevent further catastrophe in the future.
Instead, he now faces a $21.3 billion budget deficit and a budget system that has not changed a bit since he took office nearly six years ago.
"I think he's discovered that this job is a lot harder than he anticipated in a state of economic downturn," Treasurer Bill Lockyer said Tuesday of the governor who came into office in 2003 promising to "end the crazy deficit spending."
CNSNews.com - California Voters Reject Schwarzenegger’s Third Attempt to Reform State Budget
Ha-ha! Imagine that! People won't vote to have their taxes raised. Do youi suppose this is a surprise to anyone?! Arnie must be the king of all RINO's.
Of course, now the Obaminator will give CA our tax dollars to bail out CA, then NY, MA, NJ, MD, etc, etc. In retrospect, it should have been a national vote - to make each state pay for itself. No state's citizens are going to vote to raise their own taxes to ridiculous levels required by these states with poorly run social programs.