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Arizona’s debt has grown $4B since recession began
Most state lawmakers insist they had no other choice than to borrow billions of dollars to keep Arizona government running during the past few years. The reality, however, is that they had a couple of options – they just didn’t like them.
Budget crisis looms over Arizona governor’s race
With the state's budget crisis showing no signs of abating, voters on Nov. 2 will be electing a governor who could have a yearslong headache while trying to keep the state running and in the black amid a still unsteady economy.
State debt: Arizona’s money pit
The state has borrowed more than $2 billion during the past four fiscal years, boosting its total debt load to $9.7 billion. At least one-third of the state’s debt must be repaid using money from the same account that lawmakers draw upon to pay for public education, Medicaid programs and other basic government services.
House panel to consider debt limit increase
An Arizona House committee is scheduled to consider a measure asking voters whether to increase the state's debt limit while requiring voter approval for debts backed by tax dollars.
Senate OKs measure that would cap state borrowing
The Senate passed a proposal April 1 that aims to wean the state of its addiction to borrowing.
