Quantcast
Home / budget / Debt reduction is next fiscal hurdle (access required)

Debt reduction is next fiscal hurdle (access required)

After policymakers borrowed heavily to keep government afloat amid a festering fiscal crisis that blew holes in the state’s budget for four years, a former Senate president tried to put into place a mechanism to rein in politicians’ appetite for debt-financing.

Leave a Reply

Your email address will not be published. Required fields are marked *

*

 

x

Check Also

Arizona Gov. Jan Brewer holds up the contentious Medicaid expansion bill after signing it into law. (Photo by Evan Wyloge/Arizona Capitol Times)

Arizona appeals court says Medicaid expansion law is constitutional (access required)

The court said the law imposed an assessment that is exempt from the requirement that any act by lawmakers increasing state revenues, such a tax hike, must get a two-thirds vote in the Legislature.