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Budget Special Session - Weekly Address - 12/03/2010

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Arnold Schwarzenegger
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This week I want to talk to you a little bit about the budget situation. As you may have heard, California faces again a potential six billion dollar deficit in the current fiscal year which, by the way, ends on June 30 of 2011. So on Monday I will call an emergency special session of the legislature. This will allow us to address the problem immediately which is so important. As a matter of fact, if you want to hear more about the proposal, I will hold a press conference at 1 PM on Monday - you can watch that press conference at http://gov.ca.gov.

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