After Arnold Schwarzenegger appeared on "Meet the Press" on Sunday, his re-election campaign quickly dispatched an e-mail to reporters, quoting his claim to have sharply reduced spending and brought the budget much closer to balance. Characterizing his $222 billion infrastructure improvement plan as "investing in the future" but "not spending," Schwarzenegger added, "Spending we have reduced. Remember what I said. We have cut down the structural deficit by 75 percent. It was expected to be $16.5 billion. We're now at $4.7 billion. That is great progress ... no matter what anyone says." Schwarzenegger thus exposed to a national audience a...
