CORRECTION: Arnold does NOT owe schools $2 billion


Damn it. Over the past weeks, I've frequently repeated that Governor Schwarzenegger reneged on a deal with California educators, "borrowing" $2 billion in guaranteed funding increases by deferring them for a year with a promise to return the money in the next year's budget.

Turns out I was totally wrong about the figures. It's nothing like $2 billion.

As shari at An Old Soul points out, it's $3.1 billion.

Mea maxima culpa. I hope you can find it in your heart to forgive me.

Posted: Thu - May 26, 2005 at 08:31 AM   | Category:     |   |   | |


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