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Budget Update - Weekly Address - 07/30/2010

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Arnold Schwarzenegger
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We are now a month into the new fiscal year and still California has no budget. So, that means that we are one month late. Now, in the mean time, we are spending 52.5 million dollars a day more than we are taking in so the budget deficit goes up and up and up. And there continues to be a fundamental philosophic difference between myself and some of the legislators. I want to cut spending, reform our budget and pension systems, and force Government to live within our means.

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