Calif. voters say no to taxes as deficit cure

From Usatoday.com

Voters in California on Tuesday slapped down a slew of tax hikes and borrowing measures that Gov. Arnold Schwarzenegger said were needed to solve the state's fiscal dilemma.

Four out of five measures dealing with higher taxes had failed by nearly 2-to-1, and the fifth was trailing badly. The only measure to pass was one that banned pay raises for elected officials in deficit years.