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GOP will present responsible budget that Hobbs should sign
Like last year, the Republican majority will submit a responsible, balanced budget which spends within our means and prioritizes the needs of our citizens while eliminating waste, fraud, and abuse. Hobbs ought to sign that proposal, and not repeat the same billion-dollar mistake.
Lawmakers to start 2024 session with massive budget deficit
From a $2 billion surplus to a $450 million deficit, lawmakers will have tough choice to make to balance the budget.
Republican legislative leaders face first budget crunch in nearly a decade
Republican leaders in the Arizona Legislature are facing their first budget crunch in nearly a decade and minority Democrats are pointing the finger right at the GOP, saying the pain that will be felt by state residents is a self-inflicted wound.
Properly analyzing tax policy – where to start the debate
The next few weeks will include much debate about President Trump’s economic plans with a primary focus on tax cuts. The typical question will be: “So, is this good?” The typical answer by policymakers and economists will be either “yes” or “no.” That’s it. Interview over. This doesn’t come close to the bare minimum discussion that is required. Here is my offering of where to sta[...]
No new taxes, no new debt, no gimmicks
Republicans’ electoral victories this year are ushering in an era of fiscal conservatism. Whether the ideological mooring can withstand a multi-year, multi-billion dollar deficit remains to be seen.
Ducey acknowledges challenges matching revenues with proposed spending
The successful gubernatorial candidate who promised to balance the budget without tax hikes or borrowing won't be presenting a truly balanced spending plan to lawmakers in January.
The Arizona comeback? Temporary success yields to more financial turmoil
It’s looking less like a great comeback and more like an arduous climb out of Dante’s purgatory. While Gov. Jan Brewer often talks about Arizona’s “success story” and how the state is now among the best places in the nation to do business, the truth is that Arizona is once more in deep fiscal trouble.
Arizona faces $1 billion deficit by next fiscal year
Richard Stavneak, director of the Joint Budget Legislative Committee, said the $1 billion budget gap in fiscal 2016 assumes that this year’s shortfall will be solved with one-time solutions.
Report blames national parks maintenance backlog on Congress
Congress is letting maintenance backlogs grow in national parks like the Grand Canyon while continuing to add new sites that the National Park Service cannot afford to maintain, a report Tuesday charged.
Phoenix budget shortfall is $59M next fiscal year
Phoenix estimates a general fund deficit of $59 million for the 2011-12 fiscal year, which begins July 1.
Senate budget plan deliberately ends FY11 in the red; Republicans call it transparent, honest
Instead of balancing the budget by borrowing money, deferring payment to schools or resorting to any other accounting maneuver, the Senate is proposing to cut spending as much it can, even if it means the current fiscal year ends with the state in the red.
Possible solution to big budget problem
As the mayor of Cave Creek, I empathize with what Gov. Jan Brewer and state legislators are facing with the state’s budget deficit. Taxes can be raised only so high and spending cut only so deep before Arizonans’ quality of life suffers.
