Sacramento, CA — Governor Schwarzenegger issued the following statement today regarding the passage of the proposed budget in both the Senate and the Assembly.
"I am extremely proud of the members of the legislature, both Republicans and Democrats, who had the courage to stand up and put the needs of Californians first. Rather than approaching this unprecedented crisis with gimmicks and temporary solutions, we took the difficult but responsible steps to address our entire $42 billion budget deficit and pass historic bipartisan reform measures. I am pleased that the legislature used my budget proposal as a blueprint for this budget and included each element of the four-legged stool: spending, reductions, revenue increases, economic stimulus and government efficiency."
This is a very difficult budget, but we have turned this crisis into an opportunity to make real, lasting reform for California. Some special interests may not like this budget but like I always say, what’s good for the people is not always good for special interests. I look forward to partnering with the people to make sure these bipartisan reform measures are passed to put an end to our budget roller coaster and get California moving forward again."
Click Governor’s Press Conference at noon for Schwarzenegger’s comments regarding the new budget.
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