Governor Schwarzenegger outlined several, key proposals to reform an out of control budget, stimulate job growth, prop up the housing market, and provide better care for veterans. Here were the highlights:
With only one year left in office, Governor Schwarzenegger has set an ambitious agenda to salvage what many believe to be a disappointing tenure. The Governor aims to work with the Legislature and reform-minded organizations to achieve the following goals:
Although Governor Schwarzenegger is one of the very few Republicans supporting Democratic-led healthcare reform, he has issued a letter outlining a number of fiscal concerns to House Speaker, Nancy Pelosi, and the California congressional delegation.
According to a California-based think tank, politicians continue to skirt campaign finance laws to raise millions of dollars.
Governor Schwarzenegger is demanding $8 billion in federal aid, or else he promises to enact massive cuts to a $21 billion budget deficit. Both Schwarzenegger and Senate President Pro Tem, Darrell Steinberg, are lobbying the Federal Government for billions to plug yet another monolithic state budget gap.
While Schwarzenegger’s cold shoulder to social causes is readily apparent, his ability to cut spending from appropriation bills using the line item veto may be at risk today. Lawsuits contesting the use of the veto early in his gubernatorial career (St. John’s Well Child and Family Center et al. v. Schwarzenegger et al.) were heard in San Francisco by the state’s court of appeals this week.
