Schwarzenegger proposes new cuts
Gov. Arnold Schwarzenegger proposed $7.4 billion in new spending cuts -- most on social services -- on Monday as he sought to deal with a $6 billion deficit that has opened up in the budget California adopted two months ago.
Gov. Schwarzenegger is expected to declare a fiscal emergency Thursday when he unveils his new state budget proposal.The cuts are expected to short classrooms, state parks and health and welfare programs, among others.