Berkeley CSUA MOTD:Entry 11094
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2025/07/09 [General] UID:1000 Activity:popular
7/9     

2003/11/16 [Politics/Domestic/California, Politics/Domestic/California/Arnold] UID:11094 Activity:nil
11/15   California budget head calls deficit 'staggering'
        http://www.forbes.com/newswire/2003/11/15/rtr1149508.html
        Recall Arnold, bring back Davis!!!
        \_ good link.  yeah we need 4 more years of davis to reach that
           $62b budget gap. bring back davis. im finding a new state.
2025/07/09 [General] UID:1000 Activity:popular
7/9     

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2013/11/25-2014/2/5 [Politics/Domestic/California] UID:54754 Activity:nil
11/25   California, model for The Nation:
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        \_ 'And maybe the transaction would have proceeded faster if Mr.
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2012/11/6-12/18 [Politics/Domestic/California, Politics/Domestic/Election] UID:54524 Activity:nil
11/6    Four more years!
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2012/11/28-12/18 [Politics/Domestic/Crime, Academia/UCLA] UID:54539 Activity:nil
11/28   http://www.businessinsider.com/most-dangerous-colleges-in-america-2012-11#3-university-of-california--berkeley-23
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2012/5/16-7/20 [Politics/Foreign/Europe] UID:54390 Activity:nil
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2010/11/15-2011/1/13 [Politics/Domestic/California, Politics/Domestic/Immigration] UID:53992 Activity:nil
11/15   "CA Supreme Court ...... ruled that illegal immigrants are entitled to
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2010/11/2-2011/1/13 [Politics/Domestic/California, Politics/Domestic/President/Reagan] UID:54001 Activity:nil
11/2    California Uber Alles is such a great song
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2010/8/29-9/30 [Politics/Domestic/California, Politics/Domestic/Immigration] UID:53942 Activity:kinda low
8/29    OC turning liberal, maybe there is hope for CA afterall:
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2010/7/15-8/11 [Politics/Domestic/California] UID:53885 Activity:nil
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8/12    Thanks for destroying the world's finest public University!
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2008/11/2-3 [Politics/Domestic/California/Arnold] UID:51777 Activity:kinda low
11/1    SCHWARZENEGGER: [W]hen Americans go into that voting booth on Tuesday,
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        AUDIENCE: John McCain!
        \_ Where were the lovely folks with their "Vote McCain! Not Hussein!"
	...

	...
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www.forbes.com/newswire/2003/11/15/rtr1149508.html
SAN FRANCISCO, Nov 15 Reuters - Just two days before Arnold Schwarzenegger is scheduled to be sworn in as governor of California, his chief budget advisor said on Saturday the new administration would face a staggering deficit that will grow to $62 billion by 2006-07 if left unchecked. The figures, released by finance director-designate Donna Arduin, portray a state in financial disarray. The assessment follows a report on Friday by legislative analyst Elizabeth Hill that showed a similarly dire situation. We knew that this was going to be bad, but this is staggering, said Arduin, who earned a reputation for cost-cutting while serving as Floridas budget director. The analysis begins with a deficit of $106 billion in 2002-03 that grows to $149 billion in 2003-04. The gap nearly doubles to $289 billion in 2004-05 before ballooning to $454 billion in 2005-06. Arduin, who also worked on budgets in New York and Michigan, blamed the problem on runaway spending. Obviously, if you continue to spend more than you are taking in, your structural gap continues, she said in a conference call announcing the findings. Arduin, who began examining the budget just two days after Schwarzeneggers stunning election in a special poll on Oct. The review also maintains Schwarzeneggers pledge to roll back a planned tripling of the states vehicle licensing fee, a controversial tax the Republican candidate used to galvanize unhappiness with the administration of Democrat Gray Davis. Schwarzeneggers incoming administration will inherit $248 billion in debt, according to Arduins analysis. That figure includes $106 billion in deficit accumulated through 2002-03, $43 billion in operating deficit for 2003-04 and $99 billion from prior budget decisions that have impact reaching up to and beyond 2006-07. Arduin, who will now complete a line-by-line review of wasteful spending, said she had already presented the report to Schwarzenegger but declined to characterize his reaction. The incoming administration has not suggested how Schwarzenegger will address the problem, but some reports have indicated he is considering a bond issue to help fill the gap.