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SACRAMENTO, Calif. —
California Gov. Arnold Schwarzenegger said Thursday that thousands of state employees must be laid off and billions of dollars must be slashed from the budget to deal with a deficit that tops $15 billion and could widen again within days.
"I understand that these cuts are very painful and they affect real lives," Schwarzenegger said during a news conference. "This is the harsh reality and the reality that we face. Sacramento is not Washington - we cannot print our own money. We can only spend what we have."
The state approved billions in budget cuts and reve
Originally posted by Maxmars
I am going to say something that may seem utterly naive.
Isn't it a striking statement that our elected representatives, in our name, and under our 'mandate' expeditiously and decisively committed our tax dollars, in the hundreds of billions, to private banks, BUT they are not even considering doing it to save the millions of citizens of one of the States of our Union?
Reporting from Washington - President Obama on Thursday won decisive House approval for money to escalate U.S. military involvement in Afghanistan and Pakistan, but the victory obscured anxiety within his party about the course he is taking in the war-torn region.