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Grand Canyon to reopen Saturday under deal between Brewer and Interior Department (access required)

Grand Canyon to reopen Saturday under deal between Brewer and Interior Department <span class="dmcss_key_icon"><img alt="(access required)" src="/files/2013/12/lock1.png" border=0/></span>

The Grand Canyon will reopen Saturday under a deal struck by Gov. Jan Brewer with the U.S. Department of Interior. After huddling with department officials on a conference call Friday afternoon, Brewer announced the national park would be reopened in full on Saturday. The state will pay $651,000, or under $93,000 per day, to fund the park’s operations for at least the next week, using a mix of state dollars and other monies, some pledged by Tusayan Mayor Greg Bryan, where businesses have struggled with the lack of tourism business at the Canyon.

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Debt Dilemma (access required)

Debt Dilemma <span class="dmcss_key_icon"><img alt="(access required)" src="/files/2013/12/lock1.png" border=0/></span>

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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