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GOP compromise budget gives $450M to rainy day fund, $7M to tourism (access required)

As Republican lawmakers begin to receive briefings on the budget deal that GOP leaders and the Governor’s Office agreed to in principle April 25, details are beginning to emerge.

The major sticking point between the two sides has been revenue projections — not just for the upcoming fiscal year, which begins July 1, but also for the following two years. Though Gov. Jan Brewer had been unwilling to adopt the Legislature’s more cautious revenue estimates, it appears she had a change of mind.

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Arizona Legislature reverses public pension change

Arizona legislators have voted to reverse a cost-cutting decision that made thousands of state and local government employees pay a bigger share of the costs of the state's main public retirement system. Workers and their employers had each paid 50 percent of the Arizona State Retirement System's costs.

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