The Governor’s press release detailed his reasons for vetoing AB8…

Governor Arnold Schwarzenegger today vetoed AB 8, by Assembly Speaker Fabian Núñez (D-Los Angeles) and Senate President Pro Tem Don Perata (D-Oakland), a bill that does not cover all Californians, does not address the key issues to reduce health care costs and places too much of the financial burden on employers.

“This bill does not achieve coverage for all – a critical step needed to reduce health care costs for everyone. Instead, AB 8 puts more pressure on an already broken health care system and places an unreasonable financial burden on businesses. A 7.5 percent fee would force employers to shoulder the entire burden of health care reform – a devastating blow to small business in California,” said Gov. Schwarzenegger.

If the Governor has objections to this proposal, he’ll have to think of other reasons.

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