Schwarzenegger Endorses Spending Caps!
California gubernatorial candidate Arnold Schwarzenegger has endorsed the concept of constitutional caps on the growth of government spending - a key feature of the Taxpayers Bill of Rights.
Arnold Schwarzenegger came out from behind the curtain today to put some muscle in a campaign that until now was based on sheer celebrity, calling for a constitutional cap on state spending and making clear his distaste for new taxes. ... "We must have a constitutional spending cap and must immediately attack operating deficits head on," Mr. Schwarzenegger told a ballroom packed with reporters at the Westin Hotel near Los Angeles International Airport. Does that mean we are going to make cuts?" he said. "Yes. Does this mean education is on the table? No. Does this mean I am willing to raise taxes? No. Additional taxes are the last burden we need to put on the backs of the citizens and businesses of California.
"I feel the people of California have been punished enough. From the time they get up in the morning and flush the toilet they're taxed. When they go get a coffee they're taxed. When they get in their car they're taxed. When they go to the gas station they're taxed. When they go to lunch they're taxed. This goes on all day long. Tax. Tax. Tax. Tax. Tax."
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