Schwarzenegger Budget Deals Blow To The Poor, Compromise Hopes Dim

SACRAMENTO, Calif. — Having already cut billions from state programs and tried tax increases, Gov. Arnold Schwarzenegger and legislative leaders from both parties say they are in no mood to compromise as they face California's latest summer of fiscal gloom. Schwarzenegger on Friday released his revised spending plan for the fiscal year that begins in July, forcing state leaders to tackle another massive shortfall – this one estimated at $19.1 billion – and consider deep cuts.

 

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