California Insider

Treasurer – and Democratic candidate for governor – Phil Angelides – attacked the new budget today almost before the ink was dry on Schwarzenegger’s signature. Specifically, Angelides said the budget fell short by underfunding education to the tune of $3 billion, raising college fees and other charges by $1.6 billion, while still spending $5 billion more than the state is taking in. He said if he were governor, he would propose and pass a balanced budget that “fully funded” education and didn’t raise college fees. To do so, he would have to find cuts or tax increases totaling at least $8 billion, and perhaps closer to $10 billion depending on how many fees he wants to repeal.

Gov. Schwarzenegger vetoed $190 million from the budget, including $115 million from the general fund, before signing the document. His most interesting veto was of $6.1 million to preserve 114 positions in the office of State Publishing, a move made by Democrats to reduce the state’s use of private contract printers.

The full list of vetoes is here, in PDF form.

A Bee story on the state printer controversy is here.