NPR logo

California Budget Plan a Mix of Cuts and Borrowing

  • Download
  • <iframe src="https://www.npr.org/player/embed/1896335/1896336" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
California Budget Plan a Mix of Cuts and Borrowing

U.S.

California Budget Plan a Mix of Cuts and Borrowing

California Budget Plan a Mix of Cuts and Borrowing

  • Download
  • <iframe src="https://www.npr.org/player/embed/1896335/1896336" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">

Calif. Gov. Arnold Schwarzenegger releases a $103-billion budget plan that calls for borrowing and across-the-board spending cuts in an effort to stem the state's budget woes. Schwarzenegger says the budget will close a $15-billion deficit without raising taxes. NPR's Ina Jaffe reports.

Comments

 

Please keep your community civil. All comments must follow the NPR.org Community rules and terms of use, and will be moderated prior to posting. NPR reserves the right to use the comments we receive, in whole or in part, and to use the commenter's name and location, in any medium. See also the Terms of Use, Privacy Policy and Community FAQ.