A House bill that aims to spur economic growth through tax cuts and incentives for businesses would cost the state nearly a billion dollars when fully implemented in 2017, according to a report by legislative budget analysts.Read More »
While increased traffic volume is typically welcomed by businesses along the way, the challenge for owners along the U.S. 60 will be to survive while construction limits access to their stores.Read More »
The priciest federally funded transportation project in Arizona will end up costing much less than originally projected.Read More »
For Arizona politicians, the easy part of plunging back into the nuclear-energy business is well under way - the talking part. Now come the details, which include such hurdles as finding enough water, winning federal permits and - what else? - coming up with the billions of dollars needed to pay for construction.Read More »
The feds gave Arizona a $2.8 billion crutch to help the state limp through three difficult budget years. But after two years, nearly all of the stimulus money has been spent and the state remains crippled by the recession.Read More »
A disagreement between the Senate and the House over the timing of a bill aimed at lowering business taxes and creating jobs derailed one of the six measures the Legislature crafted during the special session.
Everything seemed to be going smoothly at first. The Senate passed all six budget bills Feb. 2 with support from both Republicans and Democrats.
The House today narrowly approved a bill that would close about half of the current year's budget deficit through borrowing.Read More »
So far, lawmakers and the Governor's Office have avoided conjuring the greatest fear of local governments - changing the formula that determines who gets what from the collective pot of money they all share.Read More »
Local government is usually the last place the Legislature looks to find extra money, but the state budget deficit has forced lawmakers to take desperate steps. This year and last, cities and counties have been forced to pay bills that historically have been the state's responsibility. During the past year, lawmakers have taken money that was intended to pay for local services, limited cities' ability to collect fees, and hoisted new burdens onto the shoulders of city officials who are trying to overcome the same economic conditions that ravaged two consecutive state budgets.Read More »
After shooting down five straight ballot propositions to give state lawmakers a raise, Arizona voters may get a chance to give them pay cut instead.Read More »