Friday, January 11, 2008

Schwarzenegger's budget: cuts across the board, no tax increase - SJMN.com

Schwarzenegger's budget: cuts across the board, no tax increase - SJMN.com: "Confronting the worst fiscal crisis of his political career, Gov. Arnold Schwarzenegger on Thursday proposed slashing payments to schools by billions of dollars, releasing tens of thousands of 'low-risk' inmates from prison early and closing dozens of state parks as part of a plan to fill a gaping $14.5 billion hole in the state budget."