Tim Cavanaugh Discusses "Creative Accounting," the CA Budget, and Gov. Schwarzenegger's Legacy on Fox 11

Tim Cavanaugh, Reason columnist and Hit & Run contributor, discusses the California budget, passed 100 days late and featuring questionable remedies to the deficit. He also talks about Gov. Schwarzenegger's unlikely legacy--pension reform, which may save the state in the long term. He appeared on FOX 11 Los Angeles. Air date: Oct. 5, 2010 on KTTV.

Approximately three minutes.

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