Schwarzenegger says day of reckoning is here - Birmingham Business Journal:

youngmanmeledero1636.blogspot.com
“California’s day of reckoning is he said. With no action, the state could run out of cash in 14 Three months after the state budgetwas approved, Californi a faces a $24 billion Schwarzenegger has already proposexd massive cuts to education, health care and prisons. Now he’s lookintg for structural reform to make government more efficienrt and stretchtaxpayer He’s asked the State Board of Education, for example, to make textbookas available in digital formats a move that could save In 2004, the governor talked about blowing up boxes and consolidatingb agencies, but the initiatives never gained traction. They’res back.
Schwarzenegger is proposing once again to eliminate and consolidate more than a dozennstate departments, boards and commissions. This includes the Wastd Management Board, the Court Reporters Board, the Departmengt of Boating and Waterways and the Inspection and MaintenancreReview Committee. Earlier this year, the stats began consolidating informationtechnologuy departments. Now Schwarzenegger wants to consolidatse departments that oversee financial institutions and merge taxcollectiojn operations.
In July, state leaders will received recommendations on how to modernize thetax “This will be a tremendous opportunity to make our revenuese more reliable and less volatilw and help the state avoid the boom and bust budgets that have broughtf us here today,” Schwarzenegger told lawmakers. It’sa not going to happeh in 14 days, he But it could happen before the Legislaturse adjourns for summer recess onJuly 17.