Republicans, Democrats and Gov. Arnold Schwarzenegger now each have a plan to help reduce the state's roughly $40 billion deficit estimated between now and June 30, 2010. Here are some key elements of each and the amount of revenue or savings that is projected. Estimates for Schwarzenegger's Nov. 6 plan have been updated to reflect later implementation dates. The governor will release a new plan on Jan. 9 that deals with the entire $39.8 billion gap.

The Republican plan

Revenue: $6.5 billion, including

• $2.1 billion by asking voters to redirect Proposition 10 funds approved for early childhood programs.

• $3.9 billion by asking voters to redirect Proposition 63 funds approved for mental health programs.

• $484 million through various fund transfers and loan payment delays.

Cuts: $15.6 billion, including

• $10.6 billion cut to K-12 schools and community colleges.

• $1.3 billion by reducing grants to recipients of SSI/SSP program for low-income elderly, blind and disabled.

• $1 billion by suspending cost-of-living increase for welfare recipients, cutting grants by 10 percent and limiting eligibility.

• $802.5 million by furloughing state employees one day a month and eliminating Columbus Day and Lincoln's Birthday as paid state holidays.

• $738 million in cuts to UC and CSU by cutting 10 percent across the board, increasing student-faculty ratio and eliminating in-state tuition for undocumented immigrants.

• $716 million to Medi-Cal, including eliminating certain benefits, reducing eligibility and lowering hospital reimbursement rates.

• $459.6 million by eliminating funding for transit agencies.

• $269.5 million in cuts to In-Home Supportive Services program.

• $205 million cut to the judiciary.

• $57.4 million to prisons by expanding use of GPS for parolees.

• $26.2 million in cuts to the Legislature, including a 5 percent cut to legislators' pay.

• $85.5 million in cuts to regional centers for the developmentally disabled.

Total: $22.1 billion

The Democratic plan

Revenue: $8.1 billion

• $5.7 billion by restoring the vehicle license fee to 2 percent of the vehicle's depreciated value.

• $2.4 billion through an income tax increase by freezing the 2008 brackets rather than letting them adjust with inflation.

Cuts and shifts: $9 billion, including

• $4.5 billion cut to K-12 schools and community colleges.

• $657 million in savings by cutting state employee pay (details to be negotiated through collective bargaining)

• $132 million from UC and CSU.

• $656 million grant cuts to recipients of SSI/SSP program for low-income elderly, blind and disabled.

• Cut prisons $568 million

• $100 million to cuts cost of living for CalWORKS.

• $750 million general fund cut for local law enforcement (although $510 million would be restored by using special funds).

• $112 million in cuts to regional centers for the developmentally disabled.

• $156 million in local transit funds.

Total: $17.1 billion

Gov. Arnold Schwarzenegger's plan

Revenue: $13 billion

• $9.1 billion by raising the sales tax by 1.5 cents on the dollar for three years.

• $1.4 billion by imposing sales taxes on some services and activities that currently aren't taxed, such as golf fees, amusement parks, sporting events, veterinary treatment, and vehicle repair.

• $1.2 billion by imposing a 9.9 percent per barrel tax on oil extracted from California.

• $829 million by raising the excise tax on alcohol by 5 cents a drink.

• $451 million by raising annual vehicle registration fees by $12 per vehicle.

Cuts: $9.3 billion

• $3.2 billion by cutting K-14 education.

• $1.4 billion by reducing monthly grants to the federal minimum for low-income aged, blind and disabled on Supplemental Security Income/State Supplemental Program.

• $1 billion by reducing welfare grants by 10 percent, cutting benefits at 60 months for some recipients and requiring reviews every six months.

• $782.1 million by furloughing state employees one day a month and eliminating Columbus Day and Lincoln's Birthday as paid state holidays.

• $719.5 million to Medi-Cal by eliminating some treatment options, limiting benefits for some legal immigrants and raising the income eligibility requirements to pre-2000 levels.

• $608 million by eliminating parole supervision for all but those who have committed serious, violent or sexual crimes.

• $494 million by cutting transit grants.

• $311.3 million in cuts to in-home supportive services workers.

• $264 million in cuts from UC and CSU.

Total: $22.4 billion

Call The Bee's Dan Smith, (916) 321-5249