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Obama housing plan: from dismantling Fannie Mae to immigration reform
Speaking to more than 2,000 at Desert Vista High School in Phoenix, Obama laid out a six-point plan that he said will help first-time homebuyers and people who lost out when the bubble burst get home loans, make rental homes more affordable for people who don’t own houses, and ultimately wean American off the government-backed mortgage system that the president faulted with causing the housing c[...]
State revenue outlook remains uncertain
Despite weeks of budget discussions, the governor and Republican lawmakers still haven’t agreed on how much the state will get in revenues over the next three years.
Study: Tourism investment returns up to 10-to-1
A study sponsored by the Arizona Tourism Alliance paints a grim picture for the industry unless the state reverses some of the budget cuts that already have been approved.
State burned through stimulus money
The feds gave Arizona a $2.8 billion crutch to help the state limp through three difficult budget years. But after two years, nearly all of the stimulus money has been spent and the state remains crippled by the recession.
