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But the Golden State’s looming budget deficit, estimated to be $8 billion by July 1, overshadowed many of those proposals, and the governor was among the first to point that out. His own proposed budget calls for a $4.4 billion cut in K-12 education in the next fiscal year.
“Everyone in this room knows education will face severe cuts this year … because our budget is out of whack,” Schwarzenegger said at a news conference in Santa Monica. “But it’s important that we don’t lose sight of the big picture.