Governor Schwarzenegger’s independent streak, celebrated by some as a sign of his nonpartisan and judicious political philosophy, and lamented by others as an inability to deal harshly with people outside his own party, has once more begun to reappear.
According to the Los Angeles Times, President Obama’s recently released budget plan will allocate more than $1 billion to California. Besides going toward healthcare for
It is no secret that California’s budget is an entity whose existence often gets called into question.
Did you expect taxes to increase or decrease for 2010? If you are a homeowner and/or formerly unemployed, and the governor is successful in a new initiative, you may receive a tax credit of up to $10,000. Brace yourselves for it: Californians who own homes may indeed get a break during 2010.
Governor Schwarzenegger has laid down the gauntlet to the Federal Government. Claiming that California is chronically short-changed due to an inaccurate federal funding formula, Schwarzenegger is demanding $6.9 billion to help plug the current $21 billion budget deficit.
It is officially Mid-January 2010, and California is still nearly $20 billion short in budgetary funds. $19.9 billion is a lot of money, and so it makes sense that Governor Schwarzenegger is looking to balance the books.
In 2004, Governor Schwarzenegger stated that he was going to become California’s job czar. Six years later, Californians are still waiting for those jobs. On January 6, 2004, the Governor made “jobs, jobs, jobs” his first priority with unemployment at a modestly elevated 6+%.
