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Billion-dollar deficits to plague Ariz. through 2013 (access required)

By Jim Small - jim.small@azcapitoltimes.com

Published: September 8, 2009 at 8:02 am

Most states are swimming in red ink, but Arizona is on the verge of drowning in it. Federal stimulus dollars intended to prop up government revenues and help states weather the economic storm have been spent, and the Grand Canyon State is facing deficits that could reach $3 billion in each of the next three years.

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ARIZONA LEGISLATIVE REPORT