California Gov. Arnold Schwarzenegger may have used an interesting story about his household pets—a pig and a pony working together to break into the food container—to demonstrate teamwork, but he focused his state of the state address on budget and taxes.
Although there’s still more hardship to come “the worst is over for California’s economy,” Schwarzenegger said Jan. 6. “Our economy is well-positioned to take advantage of the future.”
With that, the defining word this year is priorities, he said. And his priorities include reforming the budget system and the tax system as well as creating jobs.
The state faces a $19.9 billion deficit, and $13.3 billion of it is for the upcoming budget year, Schwarzenegger said. What does that mean for the state? “We face additional cuts,” he said.
“What can we say at this point except the truth—that we have no choice?”