Looking beyond budget stalemate

Gov. Arnold Schwarzenegger's pledge to avoid signing a state budget unless it includes long-term fiscal reforms has put him in a tight spot. AP in the Daily News.

Such steps will require voter approval, but the window for placing additional measures on the Nov. 4 ballot is shutting fast and the Legislature appears no closer to a budget compromise than it was two months ago.

So what happens if the reforms Schwarzenegger has insisted upon can't be put before voters this year?