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Day of reckoning hits California budget battle
California faces a budget deficit over 24 billion dollars as voters reject tax hikes and borrowing. Governor Schwarzenegger vows near total cuts, discusses selling assets such as the Los Angeles Memorial Coliseum and San Quentin to close the gap, signaling a deep shift in state spending and governance.
MENTIONED IN THIS ARTICLE
Sacramento
Calif
California
Golden State
Jim Earp
California Alliance For Jobs
Arnold Schwarzenegger
Schwarzenegger
Washington
Los Angeles Memorial Coliseum
San Quentin State Prison
Arnold Schwarzengger