California education leaders told to brace for big budget cuts

Educators say Arnold Schwarzenegger told them to prepare for immediate cuts of $2 billion to $4 billion. They say the governor also plans to keep pushing for a sales tax hike.

Gov. Arnold Schwarzenegger told education leaders Tuesday that he would push for a tax hike and deep cuts to schools to help close the state's yawning budget gap, according to several participants in a meeting with him. Read the rest ...