Looks like the girlie men caved:
California Governor Arnold Schwarzenegger and legislative leaders said they’ve reached agreement on a $103 billion spending plan, breaching an impasse that’s held up passage of a budget 27 days into the fiscal year.
The budget, which still must be approved by two-thirds of the Democratic-controlled Legislature, has no tax increases. Schwarzenegger relies on $7 billion in bonds, loans and internal transfers and about $5 billion in spending cuts to cover a $14 billion projected deficit for the fiscal year that began July 1.
The measure still needs approval from the full state legislature — but count on that being a (mostly) done deal.
California created modern celebrity culture. Who knew that its most effective practitioner would be a Republican governor?