Schwarzenegger To Present Budget Plan By Jan 10

Schwarzenegger spokesman said Aaron McLear Friday that Democrats were closer to the Governor requests for spending cuts deeper and a package of economic stimulus, but reported Monday that the leaders are still Far Away by an agreement. With the budget talks trudging along, Gov.. Arnold Schwarzenegger January aides are preparing a budget plan that attempts to bridge California $ 40 billion across the gap by the end of June 2010. The Republican governor and Democratic leaders had hoped to agree on a budget midyear erase $ 18 billion general fund deficit first Schwarzenegger annual spending plan to issue, but have made little progress since their last meeting in person to weeks ago.