November 25, 2007

Sinkhole de Mayo
Arrival of California's Deferred Demise

Train wreck arrives ­ a little late
United Press International -- November 24
California budget beset by problemsAP Internal Use Only
    Due to a number of agreements Schwarzenegger approved to benefit the state earlier in his tenure as governor, he now is beset with an expanding state deficit that could surpass $10 billion, the Los Angeles Times said Saturday.
    Former Santa Barbara councilwoman Hannah-Beth Jackson said Schwarzenegger's prior deals, along with various state constitutional prohibitions he championed, have left California in a serious financial predicament.
    "We have just tightened the noose around our neck instead of figuring out how to get out of the noose in the first place," Jackson said. "We have all these spending requirements, and they end up working against each other. We can't take from this, we can't take from that; we've become immobilized."
Red DotAlso See: California schools the worst in nation

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