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By Stu Woo
Gov. Arnold Schwarzenegger on Tuesday signed a plan to close California’s $24 billion budget shortfall, after using his line-item veto powers to slash $500 million in spending in addition to $15.6 billion in cuts approved by legislators.
The new cuts mostly hit health and children’s programs. “That’s why I call them ugly,” Mr. Schwarzenegger said at the budget-signing ceremony. “Not bad, but ugly.”
Continue Reading Schwarzenegger Signs California Budget After Making More Cuts