Is It Time to Soak the Rich to Pay for Education?

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An improved economy is providing $6 billion this year in unexpected revenue, but Governor Schwarzenegger's budget is still short by $4 billion. Now, Assembly Democrats say it's time to raise taxes on high-income Californians, those earning more than $285,000 a year. That would raise almost $1.8 billion. Even though the new money would go to education, Arnold Schwarzenegger says, "No," at least for now. Republican Governors Pete Wilson and Ronald Reagan raised taxes, even after promising not to. Will Schwarzenegger do the same? We hear a debate among journalist who covers the Capitol, and Assemblymen from both sides of the aisle on the new proposal to soak the rich to raise money for education.
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LA County Federation of Labor's Executive Board recommends Martin Ludlow to replace Contreras

Governor's Budget

Assembly Democrats Alternative to Governor's Budget

Keene's response to Democrats' alternative budget

First 5 California

PPIC Survey on California State Budget

Anne Bancroft

Hollywood Reporter article on death of Anne Bancroft



Warren Olney


Frances Anderton