Gov. Schwarzenegger says he won't run for office after his second term ends

Gov. Arnold Schwarzenegger has already lived several celebrated chapters in his life: Bodybuilder, action movie star and California governor. But Schwarzenegger, speaking to reporters today in Milan, Italy, ruled out another run for office. Associated Press has the details:

California Gov. Arnold Schwarzenegger won't say what his plans are when his term expires next year, but he won't be running for another office.

"I have never labeled myself as a politician, so I am not going to run for anything else," Schwarzenegger told reporters in Milan on Tuesday.

Schwarzenegger, a Republican, is restricted by California law from seeking a third term as governor when his tenure expires at the end of 2010.

He has previously indicated that the only other political office he would be interested in seeking is president, and he can't run because he was born in Austria.

The governor said he will spend the next year trying to solve problems including a projected $21-billion budget shortfall through next year.

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