Schwarzenegger rolls the dice: risks high as he deals on budget.
Los Angeles Business Journal › May 17, 2004
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Schwarzenegger rolls the dice: risks high as he deals on budget.
By cutting a string of deals to close a $15 billion state budget gap, Gov. Arnold Schwarzenegger has become California's latest governor to take up high-stakes gambling.
The deals with teachers, university officials and local government leaders, along with a pending compact with state Indian tribes, could lop $4 billion to $5 billion off the 2004-05 deficit. But in exchange for up-front con...See the full content of this document
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