[heleny]

The $96B budget was what Davis proposed. The legislature passed a $98.9B budget, and Davis didn't make any significant changes before signing it.

If Schwarzenegger sticks to his $99.1B proposal by line-item-vetoing all additional spending from the legislature, the 0.2% increase would be insignificant.

The problem is that $99B is still 40% more than five years ago, and revenue growth hasn't caught up yet.

[WOSG]

Right.

So, you think it would ever occur to this leftist journalist to write: "This budget is 0.5% higher than last years budget" NOooo ... he's gotta say "billions in cuts" from a baseline that only exists in his imagination!!!

Grrr. I hate that kind of media bias and mis-information.

[heleny]

I see from a different source that the legislature passed a $99.1B budget last year. That would mean Schwarzenegger's proposal has no increase.

[ridesthemiles]

The problem is that $99B is still 40% more than five years ago, and revenue growth hasn't caught up yet.

At the rate business is leaving Calif and the immigrants are coming in, the "revenue growth" may NEVER catch up with the spending.