Arizona’s fiscal 2011, which ended June 30, was expected to end with a $332 million shortfall. As it happens, the shortfall was instead around $30 million, mainly due to a big uptick in corporate income tax collections.Read More »
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Despite Standard & Poor’s downgrade of the national credit rating, the federal government’s rating is still better than Arizona’s.Read More »
Arizona has weathered its share of economic storms in recent years. Stopgap measures, a temporary tax increase and incessant budget slashing allowed the state to precariously stay afloat.
But the horizon promises no relief yet. In fact, many budget decisions drawn up by state leaders have actually put Arizona on a course toward troubled waters.
This week’s most outstanding utterances, gibes and quips.Read More »
The Goldwater Institute is among the most powerful public-policy groups in Arizona.
The organization’s employees draft legislation, regularly meet with lawmakers and testify before committee hearings at the state Capitol. The group even advocated for the call of a 2010 special session in which lawmakers sought to give workers the right to a secret ballot in union elections.
But the institute’s officials bristle at the suggestion that the organization has more than one lobbyist on its staff.
For a state that has been grappling with a multibillion-dollar deficit for four years, news of a potential revenue surplus is like a few drops of rain after a long drought.Read More »
As a place to do business and in matters related to public policy, personal freedom and taxation, Arizona is a solid “C” student. But can it afford to stay that way?Read More »
If this unfortunate legislative session has to be remembered in years to come, it will be recalled as a time that politicians put sideshows ahead of seriousness. Birther bills, birthright citizenship, and tea party license plates are great at getting partisan activists riled up.Read More »
More than four decades ago, Republicans led the charge to create the state employee merit system they now hope to overturn. It was implemented in 1969 in response to cronyism and patronage in state government, according to former state officials who dealt with personnel issues.Read More »
Fiscally conservative Republicans won the argument when the governor agreed to forego borrowing and other budget gimmicks to help shore up the state’s sagging revenues, and the budget-slashing proposal was also a vindication for legislators who saw themselves as lone voices in the wilderness, warning for many years that politicians’ appetite for spending would one day come back to haunt them.
But a bigger, perhaps more critical fight looms.