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Debt Dilemma
2010 decision to mortgage state’s assets threatens cash reserves
Borrowing billions of dollars allowed Arizona to limp through the worst financial crisis in its history. But the decision to mortgage state assets that include the House and Senate buildings has an unwanted underside: It precludes the state from having significant cash reserves.
Dire warnings of Prop. 100 foes didn’t come to pass
Three years after voters approved Proposition 100, the naysayers’ doom-and-gloom predictions about the consequences of the temporary sales tax hike haven’t panned out.
Arguments against Gov. Jan Brewer’s proposal for a temporary 1-cent sales tax increase often veered into predictions of catastrophe. Many said it would severely hamper the state’s economic recovery efforts, that t[...]
Experts: Arizona jobs, home prices slowly rebounding
Job growth and home prices are slowly rebounding, but the state has a long way to go and automatic federal budget cuts aren't helping, some of Arizona's top business experts said Thursday.
