"The Official Portrait of Miss InDiana"

"The Official Portrait of Miss InDiana"
aka "Miss Victory"

Tuesday, September 16, 2008

MODERN POLITICAL HERO: Schwartzenegger TERMINATES California's budget

Need we remind you that the Terminator (R) isn't in government for power or money. He had plenty of that going before he took office. Schwartzenegger's calling is a duty to service in order to pay back all that America gave to him. He accepts no taxpayer salary. He's married to Maria Shriver whose family expects nothing short of service to country as ones highest good. The Terminator is not exactly known for losing. Arnold, hold your ground! Be the example the rest of America's most noble public servants need to witness before they can emulate. You are one of America's best public servants.
--Melyssa for HFFT

California Gov. Arnold Schwarzenegger says he will veto a state budget passed after a 78-day stalemate, setting up a historic showdown with the Legislature.

As the San Francisco Chronicle explains, the proposed budget sought to close a $17 billion deficit for the fiscal year that began July 1 without new taxes, a demand by Republicans. It did so by requiring all taxpayers to make earlier and larger tax payments to the state government.

Schwarzenegger, a Republican, made the announcement this afternoon. The veto will mark the first time in modern history that a California governor has rejected a veto a state spending plan. The Democrat-controlled Legislature has said it is prepared to override a veto.

Yesterday, about 12 hours before the last vote was taken at 2 a.m. today, the governor sent Assembly and Senate leaders a letter threatening the veto

"I have been very clear this entire year that I would be unable to sign a budget without meaningful budget reform," the governor wrote, stressing that spending cuts were needed.

State Treasurer Bill Lockyer, a Democrat, also assailed the budget plan, saying this morning that it "gives gimmicks a bad name."

"It's banana republic financing," Lockyer said. The spending plan relies on "phony money and phony estimates."

Update at 7 p.m. ET: "When they send me the budget, I will veto it," Schwarzenegger said at a Capitol news conference, the Los Angeles Times reports. "If my veto is overriden," he said, " ... hundreds of bills will be vetoed."


Anonymous said...

Go Arnult!

Anonymous said...

Cheers to Arnold! We need our government to do the same. I'm not privy to all the variables in bailing out AIG. I dearly hope, it was because there aren't other insurance companies to pick up the slack, the aftershock of it with Lehman Bros being considered too much of a quake, or something like that. However, our goverment HAS to let failures take place as much as possible and put a chokehold on spending. Our chances are slim and none, and slim is fading. If you concur, let your representatives know.