1115.org

California Governor Arnold Schwarzenegger (4/24/08):

We are out of whack every one of the next few years by $10 (billion) to $12 billion.

Someone must have let the state out on one hell of a bender last weekend:

Gov. Arnold Schwarzenegger says California could face a budget deficit that approaches a dizzying $20 billion through June 2009.
[…]
Schwarzenegger announced his latest deficit figure on Monday during an address to business and civic leaders in Orange County.
[…]
Just last week, the governor said the state would face a potential $10 billion deficit in the next fiscal year. His spokesman, Matt David, said Schwarzenegger misspoke at that time.

Someone needs to figure out if Matt David is related to Larry David, because it sounds an awful lot like he just “yada yada-ed” $10 billion.