It's funny. This whole thing is being held up by Schwarzenegger's own party; the Democrats are cooperating with him fully here. The GOP hasn't been much more than a running joke in this state since the days of Pete Wilson anyway, but they appear to have devolved even further as of late, to a running sore.
The budget definitely ain't pretty, and everyone will take a little somethin'-somethin' in the shorts. But it has to get done just to keep normal services, especially critical as the state is getting ready to release thousands of prisoners early. Insert a tax rollback contingent on return of revenues when property values start recouping, something along that line. To practically confess to stalling the process over a grudge, well, you just ended your own political career there, bub.