California Faces Governor Recall, $38 Billion Deficit

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Californians from across the state are getting calls from around the country asking, "What's going on out there?" Despite a $38 billion budget deficit that threatens to push the state's credit rating down to junk-bond status, Democrats and Republicans won't compromise on a solution. If that weren't enough, there's a recall campaign against a Governor who was just re-elected. Is this any way to run the world's 5th largest economy? We discuss California's financial crisis, its political paralysis, and the potential gubernatorial candidacy of Arnold Schwarzenegger, with political scientists, a veteran Sacramento journalist and California Assembly representatives John Campbell and Hannah-Beth Jackson.
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State of California

California Budget

California Governor Gray Davis

Recall Davis campaign

FAQ-s about California recalls

Proposition 98 on funding of public education

Arnold Schwarzenneger

USS Ronald Reagan

Northrup Grumman on USS Reagan



Warren Olney