Elementary schools start with the fundamentals, the building blocks, the three R's: reading, 'riting and 'rithmetic. The California Comeback starts with its fundamentals, its building blocks, too. They are a different three R's: recovery, reform, rebuild. When I took office 22 months ago, I had no illusions about how difficult the job would be, no illusions about what it would take to turn around a state $22 billion in debt. But in that time, we have accomplished the first R - recovery. We saved the state from bankruptcy, increasing state revenues $6 billion without raising taxes. We rolled back the...
