https://apnews.com/article/arizona-legislature-hobbs-deficit-vouchers-f2d671f246861f198d988b2ff615f68c PHOENIX (AP) — A steep budget deficit caused by plummeting tax revenues and escalating school voucher costs will be in focus Monday as Democratic Gov. Katie Hobbs and the Republican-controlled Arizona Legislature return for a new session at the state Capitol.
The state had a budget surplus of $1.8 billion a year ago. But it now has a shortfall of about $400 million for the current fiscal year and another $450 million shortfall the year after.
A tax cut approved by legislators in 2021 and signed into law by Hobbs’ Republican predecessor, Gov. Doug Ducey, replaced the state’s graduated income tax with a flat tax that took full effect last year. Arizona subsequently saw a decrease of over $830 million in revenues from income taxes, marking a nearly 30% decline from July through November.
Meanwhile, a school voucher program expansion that originally was estimated to cost $64 million for the current fiscal year could now top $900 million, according to budget analysts.
The voucher program lets parents use public money for private-school tuition and other education costs. Nearly 73,000 students participate now that all students can get the vouchers. The average scholarship is roughly $9,700 per student.
Water will also be an issue for the legislature amid a severe long-term drought in the arid southwestern state. Concerns are growing in Arizona about shortages from the Colorado River system, which provides the state with about 40% of its water, and about shrinking supplies of groundwater and regulation in rural areas.
Calling drought the “challenge of our time,” Hobbs has limited housing development in parts of metro Phoenix over water concerns and canceled state land leases that for years gave a Saudi-owned farm nearly unfettered access to pump groundwater.
Anonymous
>>1254564 >plummeting tax revenues and escalating school voucher costs who could have seen this coming
Anonymous
>democrat governor theres your answer
Anonymous
>>1254564 Hobbs is a democrat and has been governor a whole year, this is her fault
Anonymous
>>1254564 Lmao so democrat leadership fucked up yet another state
It's fucking amazing how closely tied together having democrat leadership and having a fucked up state is
Anonymous
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>>1254574 The purse is not the responsibility of the executive.
Nostradumbass predicts tRump will say something stupid 9/1/24
Nostradumbass predicts tRump will say something stupid 9/1/24 Mon 08 Jan 2024 20:47:34 No. 1254577 Report >>1254564 say, anime annie, DEMONKKKRAT lmfaothanb!
Anonymous
>>1254568 >>1254573 >>1254574 >>1254577 useful idiots for covering for their corporate masters
republicunt bills passed by a republicunt congress signed by a republicunt governor, and its the succeeding Democratic governor's fault because the still republicunt congress declines to fix it
can we just remove these retards from civilization and let everything work itself out?
Anonymous
>>1254579 why can't dems take responsibility for their fuck up when in office? Also isn't california billions in debt?
Anonymous
>>1254568 Partisan brain. It'd be kinda funny, if you weren't so fucking stupid. You find an easy excuse that will short circuit you to your predetermined opinions.
Anonymous
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>>1254583 Republitards can't be trusted with money. All they can do is burn it or give it to the rich.
Anonymous
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And another state chooses democrat leadership and immediately begins facing the consequences
immaturity is a state of mind
>>1254579 say, anime annie:
Dirty
Rethuglicants!
Repukeians!
RetRumplicans,
RetRumplicunts,
Retardicans
Republitard
RepubliKKKan
Repugnican
Anonymous
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>>1254564 People here told me taxes have no effect on deficits. Turns out they were wrong. Nice.
Anonymous
>>1254584 >>1254579 >>1254564 >>1254566 Clearly they don't have enough immigrants. Arizona should vote for more third-world immigrants, that would fix their economy!
Anonymous
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>>1254564 ANOTHER ONE?!?!?
Anonymous
>>1254564 >On Monday, Hobbs agreed to a $17.8 billion budget that allows the runaway universal program to gallop on, regardless of the cost. kek. she signed off on it. /thread
Anonymous
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>>1254639 I like to combine them, see. Rethuglikklans. Retardaclowns. Many more, subscribe for more
Anonymous
>>1254564 >State is Republican for decades >Functions fine >Democrats vote to import enough third worlders that it becomes a shithole >blame Republicans You voted for this
Anonymous
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>>1254653 >>1254674 >plummeting tax revenues and escalating school voucher costs Anonymous
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>>1254645 you know you can hate immigrants and not suck corporate kike cock too right
Anonymous
>>1254674 I'm endlessly entertained by the delusional conservative mindset where literally every problem in the world can be explained by whatever political pet project they've become obsessed with.
Anonymous
>>1254564 $400 million? That's a rounding error compared to our budget deficit here in California. Try harder, Arizona.
Anonymous
>>1254579 Don't feed the trolls. They think our economy is bidens fault while we're just feeling the effects of trumps policies. They don't understand it, Jesus himself could tell them and they'd call him a pussy liberal.
Anonymous
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>>1254680 no one cares. state budgets are not meant to be run like private bank accounts.
Anonymous
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>RepubliCONs seething and deflecting when Arizona is proof trickle down economics fails AGAIN.
Anonymous
>>1254564 >state is fiscally sound >Democrat Gov gets elected >state is no longer fiscally sound >this is republicans fault >>1254679 >I'm endlessly entertained by the delusional leftist mindset where literally every problem in the world can be explained by whatever political pet project they've become obsessed with. FTFY. "Jus need mo money fo dem programs"
>>1254729 >Bidenomics is real when tings are good >but when things are bad it's Trump's fault Typical leftoid economic cope. How is food being 50%+ more expensive under Biden going for you?
Anonymous
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>>1254767 >>plummeting tax revenues and escalating school voucher costs Anonymous
Associated Propaganda again? Illinois has a 6 billion dollar budget deficit. New York has a 4 billion dollar budget deficit. California will have a 68 billion dollar budget deficit. Oh no, muh 400 million!!!
Anonymous
>>1254794 Republitards are the only ones who've actually fucked up entire states with bad economic policies. Just look at what brownback did to Kansas.
Anonymous
>>1254846 Did you not read the post you responded to?
Anonymous
>>1254849 Who caused the tax revenue to plummet and school voucher costs to soar?
Anonymous
>>1254846 I'm not sure what happened, but I do know that Kansas has an unemployment rate of 3.1% and a homeless population of about 1800.
Compared with such thriving blue states such as Illinois which has an unemployment rate of 4% and a homeless population of 10,000.
So while something may have happened, it probably wasn't as bad as having Democrat leadership in place.
Anonymous
>>1254849 Yeah, I'm saying I don't have to worry about Democrats because they're the only responsible party in this country. The only thing republitards can do is fuck things up and give money to the rich.
Anonymous
Anonymous
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>>1254854 The school vouchers won't be a problem once the public schools are closed.
Anyway, nice job ignoring the numbers presented. Maybe if they raise taxes harder they can achieve the a multi billion dollar deficit like a blue state.
Anonymous
>>1254858 But the Democrats literally fuck everything up. How does this work?
Explain.
Anonymous
>>1254861 First you have to pull your head out of your ass
Anonymous
>>1254858 >if I just ignore all evidence to the contrary then my schizo delusion is always right Do libtards really?
Anonymous
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>>1254867 evidence to the contrary is different from evidence from contrarians
Anonymous
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>>1254865 OK then what? I insert it into Joe Biden's ass or something?
Anonymous
>>1254856 >I'm not sure what happened Then go look up the Kansas experiment you fool. To sum it up for the lazy, idiot republicans thought cutting taxes would make Kansas' economic growth explode, but it didn't at all and it just left them with shit tons of debt and nothing to show for it.
Anonymous
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>>1254564 >The voucher program lets parents use for private-school tuition and other education costs. School vouchers are not "public money", it's the _tax payers money_ and as it's their money and their kids, it should be their decision where the money is spent.
Anonymous
>>1254870 >source: my blown out turd hole Anonymous
>>1254870 So what your saying, is when Kansas makes a mistake they have a shortfall of 1% of their GDP, and when California operates as normal on a daily basis they have a budget shortfall of 2.5% of their GDP?
Maybe this specific strategy didn't work out as well as they wanted, but it's demonstrably better than Californias tax strategy has been
Anonymous
>>1254880 >BUH WHATABOUT CALIFORNIA!!! The whataboutism right on cue
Anonymous
Its amazing how the Republicunts in this thread show that they cannot read and automatically assign any blame on Democrats despite this problem being 100% Republicunt created.
Anonymous
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>>1254870 OK but how does raising taxes and still having billions in debt work? There shouldn't be any reason.
Tell me about blue states not cutting taxes and spending out of control.
Anonymous
>>1254884 It's a tangible comparison. Quit avoiding responsibility with a buzzword, faggot.
Anonymous
>>1254894 Reminder that the Democrat governor signed the budget proposal for the aforementioned voucher program.
Anonymous
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>>1254968 What's your point?
Anonymous
>>1254964 Nah, it would only work if California used trickle down economics and private school scam like Republican states.
Arizonia is just proof that republican policies fail.
Anonymous
>>1255009 >Democrat governor approves budget plan >blames Republicans Anonymous
Anonymous
>>1254880 When republitards make a mistake, in Kansas for example, they exhaust their reserves, the state starts missing payments, their credit gets downgraded, and they have to start stealing money from the roads, bridges, and education to scrape by. When that happens to California let me know.
>>1254877 Don't take my word for it, look it up libtard.
Anonymous
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>>1255017 >libtard holy fucking shit
Anonymous
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>>1255012 >Republicans come up with plan >Democratic governor approves it to show Republican economic policies fail in order to force a course correction Hoobs playing 3D chess against Republicans.
Anonymous
>>1255017 Well, what about Illinois?
Anonymous
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>>1255055 Ahh yes, Indiana's dumping ground
Anonymous
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>>1255017 >When that happens to California let me know When California can go a full summer without blackouts and doesn't have the highest state debt in the country, let us know