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Pending tax cuts scrutinized as debt rises (access required)

Pending tax cuts scrutinized  as debt rises <span class="dmcss_key_icon"><img alt="(access required)" src="/files/2013/12/lock1.png" border=0/></span>

Three factors have consistently been cited as big contributors to the estimated $1 billion deficit the state will face in fiscal year 2016 and some lawmakers are urging action on the one they actually control — tax cuts from a three year-old economic stimulus bill.

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Next governor will have few options in dealing with $1 billion deficit (access required)

Next governor will have few options in dealing with $1 billion deficit <span class="dmcss_key_icon"><img alt="(access required)" src="/files/2013/12/lock1.png" border=0/></span>

Like Gov. Jan Brewer in 2009, the winner of the gubernatorial race between Republican Doug Ducey and Democrat Fred DuVal will find himself in the unenviable position of trying to erase a massive budget deficit. Legislative fiscal analysts say the state is expected to face a $520 million deficit for the current fiscal year and will be in a $1 billion hole in fiscal year 2016, which begins next July 1.

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