Reason on the Tube: Tim Cavanaugh Talks Calipocalypse on Varney & Co.

Reason Senior Editor Tim Cavanaugh appeared on Fox Business Channel's Varney & Company this morning, discussing the Golden State's bad budget math, the state Democratic leader's challenge to spending cuts and Gov. Arnold Schwarzenegger's recent accusation that his fellow Republicans are soft on unions.

Take a gander:

Correction: The $11,000 campaign-contribution figure cited for State Sen. Bob Dutton (R-Rancho Cucamonga) was incorrect. Dutton received $50,450 in campaign contributions from public sector unions.