Governor Schwarzenegger addresses budget at Fresno City Hall

By Preston Phillips

July 30, 2010 Updated Sep 19, 2008 at 1:35 PM PDT

Today at Fresno City Hall, Governor Schwarzenegger called it a sham, irresponsible, the state budget compromise proposal hammered out by the legislature and passed Tuesday morning.

The governor says he wants a rainy day fund with 12.5 billion, it's the one demand legislators did not agree on, on Tuesday.

He also says the budget punishes taxpayers.

The governor says he plans to meet with lawmakers again on Thursday and as often as possible until a state budget can be agreed upon that he too is willing to sign off on.

For Preston Phillips' full story, click on the video link above.

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