Phoenix, AZ – Reports with the Secretary of State's Office show backers already have collected more than $400,000, including $100,000 from the Professional Fire Fighters Association and nearly $80,000 from the Arizona Campaign for Arts and Culture. But the Ax the Tax Campaign opposing that temporary one-cent hike in the sales tax hasn't reported any contributions so far. Despite that, Sen. Russell Pearce who chairs the campaign said he's not worried.
Phoenix, AZ – State law generally limits interest on loans to no more than 36 percent a year. But an exception created a decade ago permits lenders to charge $17.85 for each $100 borrowed for two weeks. That translates out to more than 400 percent. That exception expires in June. And an industry-funded initiative in 2008 to let payday lenders stay in business was defeated. Rep. Debbie McCune Davis said that should be the end of it.
Phoenix, AZ – The plan slashes spending by $1.2 billion. Democrats found fault with most of the provisions, including eliminating free health care for about 310,000 people below the federal poverty level and cutting off state funds for full-day kindergarten. But Rep. Steve Farley said the package has a host of smaller cuts that affect people, like raiding lottery proceeds that help fund local bus and dial-a-ride services.
Phoenix, AZ – The proposal makes more than $1 billion in cuts and sweeps half a billion from special funds. Among the changes are elimination of state-funded full-day kindergarten, kicking 300,000 off of the health care plan for the poor and cutting pay of most state workers. Democratic Sen. Paula Aboud complained that Republicans weren't looking at an obvious alternative: Forcing those who got tax breaks in prior years to give them back.