[FairOpinion]

Apparently you didn't read Haynes's article:

"The state is, therefore, faced with three options to deal with this accumulated debt: (1) raise taxes; (2) cut spending drastically; or (3) refinance the debt over a period of time longer than one year with voter approval (to remove any legal doubt). Schwarzenegger promised not to raise taxes, so he is left with two options. He chose the refinance option, mainly because the Democrats won't cut spending enough to pay off the $13.3 billion in debt we already owe".

And you also keep ignoring reality that CA Legislature is dominated by the Democrats.

[sruleoflaw]

I did read the Haynes article. But apparently you haven't followed how the budget deal progressed. The massive borrow was tied to a strict spending limitation. Arnold, behind the backs of the GOP legislators, decoupled the effective spending limitation and stuck it to the GOP.

Help me then, Fair Opinion. WHY DID ONLY 2 GOP SENATORS SUPPORT THE BUDGET DEAL AND ALL THE DEMS DID? Can't you grasp reality. There's a problem when Arnold joins with all the Dems and only 2 GOP folks to ram something down the other GOP folks. Watch out. The fun is just beginning.