Schwarzenegger: No Federal Bailout for Calif; Fiscal Discipline Needed

Gov Arnold Schwarzenegger said today he is not seeking a federal bailout from President Barack Obama but will return California to prosperity and a balanced budget through fiscal discipline.
“We have a major problem with California. And I think if we work together we can make it through this crisis,” he said. “I didn’t come for any bailout. We (are going to make) the necessary cuts. They’re going to be fiscally disciplined. But we still need to work together in order to move forward and make everything function well in our state.”
Schwarzenegger was in Washington DC to attend a White House fuel standard announcement even though California voters are voting on resolutions designed to solve a huge state fiscal deficit.

Tea party? Calif Voters Likely to Pass Only One Resolution: Freeze Pay For Govt Work Force, No To New Taxes, Spending

Michelle Malkin:

“When the president asks you to come and to be part of a celebration and to sign an agreement, you do it, especially when you feel so passionate about the subject,” the Republican governor told reporters today.

From the Sacramento Bee

“This president, after 120 days in office, has created the action and brought everyone together,” Schwarzenegger said. “So we are ecstatic about this great progress.”

Schwarzenegger called today a day to celebrate in Washington and said he’d be back in the state Wednesday morning to deal with the election results.

He said he looked forward to the outcome.

“You win or you lose,” he said. “I think that we always know how to move forward and make the adjustment. You always respect the will of the people.”

Schwarzenegger planned to meet with Democratic Sens. Barbara Boxer and Dianne Feinstein and members of the California House delegation this afternoon to discuss the state’s fiscal crisis.

On Wednesday morning, he plans to meet with Health and Human Services Secretary Kathleen Sebelius before heading back to California. The governor plans to ask Sebelius for special permission to make $750 million in cuts to the stat’s Medi-Cal program.

Gov. Arnold Schwarzenegger, President Barack Obama and Speaker of the House Nancy Pelosi depart the Oval Office of the White House after meeting about auto efficiency and emissions May 19, 2009 in Washington, DC.  Photo: Getty Images


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