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Bill to cap state debt advances to House floor
A measure that would change the state's borrowing habits cleared a House panel today, but its future remains uncertain as the legislative session nears its final days.
Burns’ debt measure approved by committee
Senate President Bob Burns' plan to rehabilitate the state from its addiction to borrowing has been approved at the committee level.
Burns proposes new controls on state borrowing, debt repayment
Senate President Bob Burns said he will propose a ballot measure to cap the state's ability to take on new debt. First, he wants to remove the debt limitation in the Arizona Constitution, which is $350,000. That limit has been in place since the state's founding in 1912.
Burns wants debt genie back in the bottle
Senate President Bob Burns is working on legislation to cap the state's ability to create new debt, but he said he hasn't worked out all the details.
