$11.2 billion or $28 billion? Neither are good numbers when it comes to California's deficit, but that's the reality--our current budget shortfall is projected to be $11.2 billion and that could reach $28 billion in the next 18 months. That's why Gov. Schwarzenegger declared a fiscal emergency today today, which in turn allows him to enact Proposition 58 that forces the state legislature to pass and send a bill or bills to the Governor's desk......

State Sen. Abel Maldonado, R-Santa Maria, yawns during the late night debate over the state budget at the Capitol in Sacramento(AP Photo/Rich Pedroncelli) It only took 77 days into the new fiscal year for California lawmakers to make a deal and pass the state's budget but when all was said and done, Gov. Arnold Schwarzenegger threatened to veto it. They debated early into the morning but made a plan that reportedly would solve the......

Not only are there Props 7 and 10, which are environmentally intentioned with heavy opposition from businesses and eco-groups alike, there is also a possible prop being pushed around by Governor Schwarzenegger and Senator Dianne Feinstein. It would be a $9.3 billion water bond, mainly for water surface storage. And before we even know if the state legislature will approve its placement on November's ballot, nearly 40 environmental groups have already launched a large campaign......