Round 3 of California's never-ending budget bout looms

The Sacramento Bee reports:

Six months into the leanest fiscal year in memory, Gov. Arnold Schwarzenegger and California legislators soon will begin wrestling with a new state spending plan – and a new budget deficit.

And while revenues are in relatively short supply, there is an abundance of aphorisms applicable to the looming budget battle.

Things are never so bad that they can't get worse.

Lawmakers and the governor spent much of 2009 cobbling together a way to close a $60 billion budget deficit, with the full realization that whatever they did, it wouldn't be enough to fend off a new deluge of red ink in 2010.

California in decline.