California Budget Pictures

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Schwarzenegger drafts 'draconian' California budget
By declaring the fiscal emergency, Schwarzenegger calls the California legislature in session to consider his proposals. The budget must be approved by a ...

California state budget released
Governor Arnold Schwarzenegger unveils his budget proposal for the fiscal year that begins in July. That plan must close a $20 billion shortfall, ...

Budget woes are election headwind for govs
It's a challenge that in almost defies partisanship, with Republicans such as California's Arnold Schwarzenegger confronting the worst budget crisis in a ...