California deficit gets pumped up

Arnold the savior:

The Schwarzenegger administration said Friday that the state's budget deficit for the coming fiscal year has grown to $8.1 billion, more than $1 billion higher than previously forecast, in part because assumptions made in the current year are not coming to fruition.

Arnold's Director of Finance seems to suggest that cutting funding to the schools and healthcare to the poor is the best way to solve this problem.

I was thinking Arnold could hold a fundraiser to help bridge the financial gap.