Greater Phoenix Tea Party Patriots

Patriot Groups throughout the Maricopa and North Pinal County area.

Report: Ariz. fiscal crisis cannot be solved by cuts alone

asu news [business, culture & affairs]
Report: Ariz. fiscal crisis cannot be solved by cuts alone

http://asunews.asu.edu/20110105_balanced_budget

January 05, 2011

"The budget gaps in AZ cannot be realistically resolved by spending cuts alone without creating extraordinary hardship for residents. A balanced approach that uses a mix of spending cuts and tax increases, and focuses on the long-term economic development needs of the state would be a superior solution," ....................

Brookings Mountain West / Morrison Institute | January 2011
Structurally Unbalanced: Cyclical and Structural Deficits in Arizona
http://morrisoninstitute.asu.edu/publications-reports/2011-structur...

“If Arizona is to position itself as a seedbed and hub for vibrant business, new economies, and economic growth, a stable, predictable, and balanced budget is essential. And to achieve that, leaders must accept the need to balance the need for discipline on expenditures with the need for adequate revenues.”

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