Arnold Schwarzenegger Watch: California State Budget in Deficit as Much as $10 Billion

While answering questions Gov. Arnold Schwarzenegger tells reporters that he would veto a gay marriage bill approved by the legislature, at a Capitol news conference in Sacramento, Calif., Monday, Sept. 17, 2007.

Here we go again.

Didn’t Californians recall Democrat Governor Gray Davis because of fiscal irresponsibility?

And didn’t Arnold promise to fix the state’s poorly managed finances?

Right on both.

If the California budget is this out of balance look for the quick end of the Governator’s short political career.

Update:

Looks like Arnold’s state planners cannot balance his health care proposal either.Â What a mistake Californians made with Schwarzenegger.
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