June 16, 2009
Democrats take on governor over cuts
Democrats started firing back in concerted fashion Tuesday against Gov. Arnold Schwarzenegger's proposed budget cuts, setting the stage for yet another round of acrimonious debate as the state falls further into the red.
A state budget panel dominated by Democrats on Tuesday called for significantly fewer cuts in state programs — about 25 percent less — than what Schwarzenegger is seeking to bridge a projected $24 billion budget deficit.
In addition, Democratic leaders are proposing at least $1.9 billion in taxes to help create a reserve fund that state officials say is necessary to secure loans and cover future shortfalls. The governor's plan would achieve this fund through deeper budget reductions…
LINK - PressDemocrat.com
