President Barack Obama on Tuesday proposed a five-year freeze on spending--but he excluded about 80% of the budget from the restriction.

FORBES: Magazine Article

Budget constraints: A Resource Restriction Agreement caps spending on racing operations for all Formula One teams, making efficiency and operational improvements imperative.

FORBES: The Business Of A Formula One Team

Internal polling by the governor's team reckons that budget reform will attract 55% of the voters, the restriction on union spending will be supported by 68%, and the change to teachers' tenure by another 68%.

ECONOMIST: California