5/14/2008 - The Governor submitted his revised 2008-09 state budget plan to the legislature. It includes a combination of some necessary cuts, some new revenues and some creative solutions to address California’s $17.2 billion budget problem. |
MORE NEWS  | SPOTLIGHT | Moving Forward |
|  5/8 - Governor Schwarzenegger visited Tejon Ranch and announced a historic agreement between Tejon Ranch landowners and conservation and environmental groups to give California its largest ever privately conserved parcel. |  5/12 - Foreign trade is very important to our economy. On a national level over 5 million jobs are created by foreign investors, so that's an important amount and that needs to grow. There are about $200 billion a year that come into our country from foreign investors. |
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| 2008 Governor's May Budget Revision |
5/14 - Later today the Governor will send to the Legislature what is called his May Revision. At his press conference the Governor will be talking about how we close the budget gap and about budget reform. He will not only be talking about how he's going to deal with next year's budget, but talking about budget reform as being an integral part of solving this year's budget problem.
