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Chemical Industry Council of California

California Lawmakers Pass Budget Despite Veto Threat


Governor Demands More Restrictions on Future Spending - Posted 09/16/08
  

SACRAMENTO - By Evan Halper and Jordan Rau, Los Angeles Times Staff Writers - State lawmakers passed a budget early Tuesday -- 78 days into the fiscal year -- even as it remained unclear whether Gov. Arnold Schwarzenegger would sign it into law.  As the state Senate and Assembly approved the bipartisan package, Schwarzenegger was threatening a veto. He said the spending restraints in the proposal were too weak, creating a rainy day fund that could too easily be raided.

 

Schwarzenegger spokesman Matt David said the reserve that the plan would create is "nothing more than a slush fund that can be raided at any point and up to any amount."  Legislative leaders expressed confidence that they had the votes to override a gubernatorial veto. But Schwarzenegger retains some leverage: He has yet to act on nearly 1,000 bills passed in the final weeks of this year's session.  Read story

 

Read Governor's Message

 

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