Schwarzenegger Budget Will Contain 'Terrible Cuts' For California

Schwarzenegger Budget Will Contain 'Terrible Cuts' For California
|

California Governor Arnold Schwarzenegger will seek "terrible cuts" to eliminate an $18.6 billion budget deficit facing the most-populous U.S. state through June 2011, his spokesman said.

Schwarzenegger, 62, who will introduce his revised budget plans on May 14, has said he won't seek tax increases to bolster California's finances. The Republican's forecast for the budget gap may rise after revenue fell short of his targets last month.

Go To Homepage

Before You Go

Popular in the Community