Senate rejects Schwarzenegger's proposed spending cap, bond measure
TOM CHORNEAU, Associated Press Writer Friday, December 5, 2003
(12-05) 23:43 PST SACRAMENTO (AP) --
In a setback for Gov. Arnold Schwarzenegger, the Senate rejected his proposed spending cap and $15 billion bond measure late Friday. Democratic alternatives also failed to pass.
The Assembly continued to debate the Democratic plans as the midnight deadline for putting measures on the spring ballot approached, but it was clear they lacked the votes to pass.
Schwarzenegger must now seek an alternative to the large bond issue and spending cap proposal he hoped voters would ratify March 2.
Republicans said Schwarzenegger's proposals were reasonable and warned they would try to put an even tougher spending limit plan on the November ballot if the attempt to put a spring ballot plan together failed.
Democrats said the governor's spending limit would strangle education and other state programs and his bond measure would burden state budgets for years. (snip/..)
http://www.sfgate.com/cgi-bin/article.cgi?f=/news/archive/2003/12/05/national0243EST0424.DTL