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Schwarzenegger Wants Lawmakers to Fix the Budget

Governor Arnold Schwarzenegger plans to call lawmakers back into session before the end of November to deal with California's ballooning deficit.

Schwarzenegger Wants Lawmakers to Fix the Budget

Governor Arnold Schwarzenegger plans to call lawmakers back into session before the end of November to deal with California's ballooning deficit. From Sacramento, Marianne Russ reports.

It's all about timing. A new crop of lawmakers will be sworn in December first. But Schwarzenegger Press Secretary Aaron McLear says the Governor won't wait until then to call lawmakers back to work on the budget.

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It's an estimated $3 billion in the red - and it could get worse. So the same lawmakers who fought all summer over a spending plan would be coming back in November to try to stop the bleeding. That would likely be through cuts or taxes.

At an unrelated news conference Governor Schwarzenegger said a special session was necessary.

Schwarznegger: I think that it is the best thing that you can do, because we don't want to wait until new year (sic) until we fix some of the problems that need to be fixed, to help the economy and to help the people get jobs again and so on.

Schwarzenegger said he'd expect an economic stimulus plan and the housing crisis to be part of any special session discussion.