Ballot Defeat Leaves California In Deeper Budget Hole - cbs2.com:
"An angry electorate soundly defeated a slate of special election budget measures Tuesday, a decision that left Gov. Arnold Schwarzenegger and state lawmakers holding virtually nothing but a scalpel to deal with California's $21.3 billion shortfall."
"Schwarzenegger and lawmakers called the special election in February as part of a plan to solve a $42 billion deficit that had been projected through mid-2010. '
"They asked California voters consider a complex mix of spending reforms, higher taxes, borrowing and funding shifts.
"Most of the measures were losing by wide margins, with at least 60 percent of voters rejecting them, according to partial returns.
"Voters approved just one of the six propositions, a measure prohibiting pay raises for lawmakers and other state elected officials during deficit years."
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