[calcowgirl]

Arnold has a whole list of bad ideas for solving the deficit. Most (except the K-14 cuts) just defer the problem and put us more in debt:

May Revision Proposes Over $21 Billion In New Budget Solutions
(In Billions)
 
• Borrow to address budget deficit with RAWs                       $5.5
• Reduce Proposition 98 spending for K-14 education                 5.3
• Borrow local property tax revenue by suspending Proposition 1A    2.0
• Increase personal income tax withholding by 10 percent            1.7
• Reduce Medi-Cal spending (various proposals)                      1.1
• Replace state funding for UC and CSU with federal stimulus money  1.0
• Sell parts of State Compensation Insurance Fund                   1.0
• Accelerate receipt of estimated tax payments                      0.6
• Reduce In-Home Supportive Services spending (various proposals)   0.5
• Use “spillover” sales tax revenues for transit bond costs         0.3
• Reduce prison population and change sentencing laws               0.3
• Reduce SSI/SSP grants to federal minimum                          0.2
• Identify additional Developmental Services savings                0.2
• Other proposed solutions                                          1.5
•   Total                                                         $21.3

[patton]

Hmmm..no cuts to the sea otter fund, I see...