California in a state of financial crisis. Governor Schwarzenegger calls on the federal government for more help. Fears that California’s economic condition is a harbinger of things to come for the rest of the nation.
- Nicholas Johnson Director of the State Fiscal Project at the Center on Budget and Policy Priorities
- Corina Eckl Fiscal Program Director, National Conference of State Legislatures
- Ezra Klein Columnist for the Washington Post and Newsweek
- Chris Edwards Director, Tax Policy Studies, Cato Institute. He is the creator of the website 'down sizing the federal government.'