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Schwarzenegger Hopes To Close Deficit

With just a couple of weeks left in his term, Governor Schwarzenegger will unveil a new budget plan this afternoon.

California faces a $6 billion deficit, and the Governor plans to release details during an afternoon press conference. A spokesperson for the Governor says the budget proposal will come with steep cuts.

The new state Senate and Assembly members will be sworn in at a ceremony today in Sacramento. Governor-elect Jerry Brown will not be sworn in until January 3rd.

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