LOL. I can't quite figure out the format of the various documents on the website. I wish they had an overall outline. Have fun researching! Please report back! :-)
On a related subject, can you help decipher this one? What "deficit" is he measuring at $4.7 billion?
http://abclocal.go.com/kgo/story?section=politics&id=3799744
He said the state took in $7 billion dollars more in revenue than expected, enabling him to avoid significant cuts.
Gov. Arnold Schwarzenegger, (R) California: "We are protecting local government. We are protecting education and health care for our children. And we do not raise taxes."
The Governor could have used the extra $7 billion dollars to wipe out nearly all of the deficit.
But in this election year, he's putting the windfall towards things like paying back some money he borrowed from schools, paying down the state's bond debt, and making sure gas tax money will be spent on roads instead of balancing the budget.
The $16 billion dollar budget deficit the state faced when Schwarzenegger took office is now much lower.
Gov. Arnold Schwarzenegger: "It goes down, down, down. We're down to $4.7 billion dollars."