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15 billion bond issue minus a 2 billion cut = 13 billion MORE in money going to the State from our pockets over and above what Davis was collecting. If it walks and quacks like a duck, it's a duck, or in this case, a tax increase.

Two words: Cut spending.

(BTW, so is Bush's, but there was that matter in Iraq. The drug bill is a disaster though.)

What do you think Arnold's chances are of getting the people to vote for the bond issue? I think he may have problems there.

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I'd love to cut more spending but I know it's not politically achievable. The entire budget is about $90B and half of that is education which Arnold said he would not cut. So can he cut $15B of $45B- not bloodly likely! If he can get $2B, it would be a miracle.

Arnold will have no problem getting the people's assistance on the ballot measure. He won by a landslide (17 pts, despite another Republican running) and can use his force of personality to get almost passed by the people. Timing is another matter. $10.7 B is due sometime next Summer and the earliest this can go to the ballot (if it's done by signatures) is next fall. There will have to be a stop-gap solution.