( WATER BOND DELAY URGED)
THIS MIGHT NOT BE THE BEST TIME TO ASK CALIFORNIA VOTERS TO PASS AN 11-BILLION DOLLAR WATER BOND ISSUE, SO GOVERNOR SCDHWARZENEGGER SAID YESTERDAY HE'D LIKE TO TAKE IT OFF THE BALLOT IN NOVEMBER. THE GOVERNOR'S PROPSAL (WHICH REQUIRES LEGISLATIVE APPROVAL) COMES AS LAWMAKERS ARE TRYING TO CLOSE A 20-BILLION DOLLAR BUDGET SHORTFALL.
THE WATER BOND ISSUE DOES NOT YET HAVE STRONG VOTER SUPPORT AND IT COULD BE DEFEATED IN NOVEMBER. SO, THE GOVERNOR THINKS IT WOULD BE WISE TO WAIT TWO YEARS UNTIL THE POLITICAL AND FINANCIAL CLIMATE MIGHT BE BETTER.