Daily Archives: May 21, 2009

$21 Billion Deficit Could Grow to $24 Billion

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[UPDATE: It appears that Schwarzenegger is now abandoning his call for about $5.5 billion in borrowing for the year starting July 1, a borrowing plan that the LAO (see below) has criticized. That means, according to his advisers, more spending … Continue reading »

Gonna Budget Like It's 1999

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Party over, oops, out of time! So tonight we’re gonna party like it’s 1999. — Prince Governor Arnold Schwarzenegger suggested dusting off the script of a movie he wasn’t in today, Back To The Future, in telling reporters that the … Continue reading »