It's Arnold Schwarzenegger's last day as governor of California.
Jerry Brown will be sworn in today to succeed him -- becoming just the second person to serve three terms in that office.
Brown's tenure as the 34th governor, from 1975 to 1983, was before voter-imposed term limits, allowing Brown to seek the office again at age 72.
He returns to lead a state very different from the one he last oversaw: Its finances are in a deep hole and its politics are highly partisanship, making compromise on major budget issues all but impossible.
He's promising an era of austerity for a state that faces a $28 billion budget shortfall through the middle of next year.