No government has ever spent its way to prosperity. Our proposals help governments be fiscally responsible so citizens can be prosperous.
After Macy's and Bloomingdale's pulled out of CityNorth, the Goldwater Institute's Carrie Ann Sitren appeared on Channel 12 to discuss why giving CityNorth a $97.4 million subsidy was a bad idea to begin with.
Phoenix--Late last night the Arizona State Senate passed a budget to close the 2010 budget deficit without raising taxes. The budget deficit is projected to be between $3 and $4 billion. The budget plan includes $631 million in reductions to state agencies, $143 million in accounting tricks, $1 billion in one-time fund sweeps and other revenue sources, and uses $1.2 billion in federal money.
If this budget is adopted, state spending will be $500 million less than it was in 2007. The House is expected to vote on the budget today.
Massages for state employees, tai chi classes and comic books are just three items state government spends your paycheck on. Not all government spending wastes money so visibly, but there is credence to the saying that for every rat you see, there are 50 more you don't.
The Arizona budget clearly needs a good scrubbing, but how much of the deficit really rests in lawmakers' hands? Revenues have plunged nationwide. Maybe our deficit is a casualty of the recession. As Tina Turner might say, "What's spending got to do with it?"
Goldwater Institute president Darcy Olsen went on the J.D. Hayworth Show on KFYI to talk about Governor Jan Brewer's proposed tax increase and other budget recommendations Brewer made to the state legislature.
ABC 15 did a story on possible excessive use of ADOT's plane and they went to the Goldwater Institute's Dr. Byron Schlomach to get his perspective.
The Goldwater Institute's Byron Schlomach, Ph.D. went on Channel 12 to explain why the stimulus package will not do anything to stimulate the economy.
The Goldwater Institute's Dr. Byron Schlomach told CBS 5 News the the legislature should seriously consider doing away with the Department of Tourism to help balance the budget.
Phoenix--When lawmakers go back to work in January, their priority will be to close the state's billion-dollar budget deficit. With expenses far exceeding revenues, government will have to reign in spending or increase taxes to comply with the state's balanced budget requirement. Raising taxes in a down economy will make it even harder for Arizona families to make ends meet, so tax increases should be off the table.
Goldwater Institute President Darcy Olsen made a post-Thanksgiving appearance on Sunday Square Off to talk about the issues facing Arizonans, including the economy.
Goldwater Institute economist Byron Schlomach went on KXAM Radio to talk about the state budget deficit, how it happened, and how it can be fixed.