Voters Rebuke Schwarzenegger

It never turned out this way in the movies: “California voters rejected a package of budget-balancing measures that Governor Arnold Schwarzenegger said were needed to keep a $15 billion deficit from widening to $21 billion,” according to the Associated Press. The proposals would have capped spending and extended temporary tax increases, directed future surplus money toward education, created bonds backed by lottery profits, and diverted revenue to the budget. “I respect the will of the people who are frustrated with the dysfunction in our budget system,” Schwarzenegger said in a statement. “In order to prevent a fiscal disaster, Democrats and Republicans must collaborate and work together to address this shortfall.” One proposal that won voter approval? “A proposal to limit lawmaker pay passed.”