Proposition 98 suspended?

As described in School Funding Law Faces a Tough Test in the Los Angeles Times, by Eric Bailey, Governor of California, Arnold Schwarzenegger, is highly considering suspending Proposition 98 - which guarantees public schools 40% of their general budget. This, of course, is as a result of California's $26.3 million deficit. The governor is facing heavy opposition from the California teacher's association. While Schwarzenegger promises to repay these funds as the economy improves, the school systems want payback assurances written directly into the budget plan. In order to officially suspend Proposition 98, two-thirds vote would be needed of the Legislature. The Republicans reluctantly support this, while many Democrats heavily oppose its suspension.