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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Joe S Pack who wrote (172533)12/19/2008 9:38:20 AM
From: Bank Holding CompanyRead Replies (1) | Respond to of 306849
 
This is a guy who wanted 222 Billion bond offing not too long ago.

Schwarzenegger To Veto Democrats' Budget Plan
Highlights of Democratic Budget Plan

SACRAMENTO (AP) ?

Democratic lawmakers on Thursday pushed through an $18 billion package to reduce California's burgeoning budget deficit, but Gov. Arnold Schwarzenegger said he would veto it because it didn't meet his demands for an economic recovery plan.

Schwarzenegger said California will continue on a path toward "fiscal Armageddon" since Democrats sent him a "terrible budget" that didn't make deep enough cuts or include the kind of stimulus he wanted to boost the state's ailing economy. California's deficit is expected to hit $42 billion in the next 18 months.

cbs13.com