And Now, the California Budget Cuts
Posted on Jan 8, 2010
What’s to be done about California’s budget woes? Well, Gov. Arnold Schwarzenegger is cutting way back on spending on such superfluous concerns as “health, welfare, transport and the environment,” according to the BBC. But really, this’ll hurt him more than it’ll hurt ... oh, never mind. —KA
Mr Schwarzenegger acknowledged that the cuts would be painful, but said there was no conceivable way to avoid them.
California’s economy has been hit by the global downturn. Unemployment is the third highest in the US and the state’s tax revenue has plummeted.
... “These are the hardest decisions, the hardest decisions a governor must make. Yet there’s simply no conceivable way to avoid more cuts and more pain,” [Schwarzenegger] added.