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

tenamup.wordpress.com
“California’s day of reckoning is here,” he said. With no the state could run out of cash in 14 Three months after the state budget was California facesa $24 billion deficit. Schwarzenegger has alreadu proposed massive cuts to health careand prisons. Now he’es looking for structural reform to make government more efficiengt and stretchtaxpayer dollars. He’s asked the Statr Board of Education, for to make textbooks available in digitalformatss — a move that could save In 2004, the governor talked about blowing up boxes and consolidatingt agencies, but the initiatives never gained They’re back.
Schwarzenegger is proposing once agaibn to eliminate and consolidate more than a doze nstate departments, boards and commissions. This includezs the Waste Management Board, the Court Reporters Board, the Department of Boating and Waterways and the Inspectiojn and MaintenanceReview Committee. Earlier this the state began consolidating information technology departments. Now Schwarzenegger wantsw to consolidate departments that oversee financiakl institutions and merge tax collection In July, state leaders will receive recommendations on how to modernize the tax “This will be a tremendous opportunity to make our revenue more reliable and less volatile and help the state avoied the boom and bust budgets that have brought us here Schwarzenegger told lawmakers.
It’s not goingb to happen in 14 days, he said. But it coulcd happen before the Legislature adjournw for summer recess onJuly 17.