Here Are The "Terrible, Absolutely Terrible" Cuts California Must Make To Balance The Budget
1) Borrow from pensions -- which Schwarzenegger has considered -- and count on a credit downgrade and a Greece-like problem.
2) Drop the axe on state services with "terrible, absolutely terrible cuts" -- as Schwarzenegger called them in May.
It's starting to look like we're headed for the latter.
http://www.businessinsider.com/here-are-the-terrible-absolutely-terrible-cuts-california-must-make-to-balance-the-budget-2010-9
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