According to http://www.brillig.com/debt_clock/, each citizen's share of the US national debt is $27,703.
Now Arnold wants California taxpayers to approve the borrowing of $222 billion, which is $6,554 for every one of California's 33,871,648 residents. That's one third of California's share of the national debt on one ballot initiative. Somehow I do not think it will pass.
I'm so glad the Republicans have given up on that whole smaller government idea. I guess if you can't get your idea of reform through, you open the flood gates of government spending and hope that gets you re-elected.