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In the same news clip it was also stated that by doing this he has added $4 B to the $10 B deficit that he has claimed he is going to balance. Now he has to worry about balancing a $14 B deficit instead of $10 B one. At least he is keeping a campaign promise unlike most politicians.
There are only two ways to get rid of a deficit, increase taxes or cut costs. It will be interesting to see how he tries to do it. If CA government spending is anything like here, there are plenty of costs that can be cut.
Wayne
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Don't get caught dead, sitting on your seat belt.
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