I'll be adding to these excerpts over the next hour as I finish transcribing our recording. And we also will have a link to the full audio:
On why he proposed one-day-a month furloughs for state workers:
Schwarzenegger: It comes under the auspices of, everyone gets a little hair cut. If everyone sacrifices a little bit, I think we can make it through here. It is the same question as...why do you make cuts from law enforcement. Why do you make cuts from prisons? Why do you make cuts from education. Why do you make cuts from health care?
You have got to look at the whole inventory of things that are available. I thought by closing some of these holidays and also having people, you know, take off one day a month it could save the state some money, and it does. Mike, what are those numbers?
Finance Director Mike Genest: The furlough itself we have at $263 (million) this year and $451 (million) next year. And that is just the general fund.


