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January 8, 2008
State of the State
California and Gov. Schwarzenegger had had hopes of 2008 being of "year of education" ... until they say this year's deficit projections of up to $14 billion in th ered.
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I don't think anybody really knew back then that California's hot real estate market would cool so much, foreclosures would skyrocket and prices would drop significantly... that eats up a lot of the previously-expected revenues that might've helped balance the budget.
Posted by: Steve Greenberg at January 8, 2008 12:38 PMVery true. But, he did promise to shred California's credit cards, if we promised him a $9 billion "last time" charge...which we did...but he did not.
Politicians...
You can't live with them, and you can't shoot them.
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Didn't Governor Arnold campaign on reducing Grey Davis' budget deficit? Didn't he say that only he could eliminate the $15 Billion in the hole?
Posted by: Shaver One at January 8, 2008 11:52 AMWhat happened Govinator?
You've left us with a $14 Billion deficit. And, it's growing.
Jeez, Louise!