News
Federal
State
In the News >
Press Releases
Publications
E-Newsletters
Join Our Newsletter
Help us bring the truth about the nation’s debt to life. Sign up today for updates and more information.

 
Arizona’s Budget Crisis: How Did We Get Here and Where Are We Going?
Everyone knows that Arizona has been mired in a budget crisis — worse, even, than in many other states — for three years now. But last summer, the Governor’s office and the Legislature announced that the budget (for fiscal year 2010) was finally balanced.

From Ethiopian Review:

The Director of the Governor's Office of Strategic Planning states: “I’ve had a lot of people ask me, ‘Why don’t you just cut the state budget? If you’re a family and you lose revenue, you cut expenditures.’ Certainly we do some of that, but think in these terms: you’ve lost 30 percent of your family income, but you also have to go out and adopt three new kids.” That, he said, is the situation the state faces.  Read more.

 

 

<< Back