Arnold seeks help from feds
December 27, 2009
Faced with a $21 billion budget deficit, Governor Arnold Schwarzenegger is turning to Washington for help. However, the governor, according to published reports, isn’t seeking more stimulus money or a bailout. Instead, Schwarzenegger is expected to ask President Obama to ease federal mandates and minimums on social programs — such as indigent health care — for a possible annual savings of $8 billion.
Schwarzenegger is expected to detail his request when he delivers the State of the State address on Jan. 6. During the first half of 2009, lawmakers and the governor closed a record $60 billion gap with a mixture of spending cuts, temporary tax increases, and federal stimulus funds.