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House Republicans want oversight of speaker’s ‘excessive spending’ (access required)

House Republicans want oversight of speaker’s ‘excessive spending’ <span class="dmcss_key_icon"><img alt="(access required)" src="/files/2013/12/lock1.png" border=0/></span>

House Speaker David Gowan’s Republican colleagues don’t trust him with the power of the House purse. Gowan told the Arizona Capitol Times that the House has plans in place for a large-scale construction project. The project, which Gowan said is still in the planning phase, will include installing showers and building a new “multi-purpose” room, a massive overhaul of the House basement and offices there, along with new carpet throughout the House.

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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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