Oct 18, 2010

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.

Oct 8, 2010

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.

Apr 20, 2010

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.

Apr 1, 2010

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.