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Debt Dilemma (access required)

House sets committee rosters, Dems stronger on Appropriations

2010 decision to mortgage state’s assets threatens cash reserves

Borrowing billions of dollars allowed Arizona to limp through the worst financial crisis in its history. But the decision to mortgage state assets that include the House and Senate buildings has an unwanted underside: It precludes the state from having significant cash reserves.

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Brewer signs bill stocked with tax exemptions

Arizona Gov. Jan Brewer explains during an impromptu press conference following the passage of her Medicaid expansion plan that she and her advisors had considered having the legislative leadership ousted in order to pass it. (Photo by Evan Wyloge/Arizona Capitol Times)

A bill that began its life as a small tax break for companies that rent ignition interlock devices for people with DUI convictions but ended up as a catch-all for tax breaks that lawmakers could find no other place to stash in the Legislature's final hours is now law.

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