CA Budget Crisis: DAY 75 - Dems/Schwarzenegger Backing Down On New Taxes

New taxes off the table?

By Aurelio Rojas - SAC BEE

Last Updated 2:23 am PDT Saturday, September 13, 2008

Senate President Pro Tem Don Perata told his Democratic caucus Friday that he and Gov. Arnold Schwarzenegger are willing to back off on demands for new taxes to end California's 75-day-long budget stalemate.

In an e-mail obtained by The Bee, Perata wrote that he told Schwarzenegger on Thursday, "Let's see if I can work on a deal with (Republicans) that is no tax, no borrowing. He agreed."

Perata said that he plans to work with Republicans through the weekend to try to reach a budget deal. MORE From Sacramento