AZCenter Reacts to Gov. Hobbs' budget

PHOENIX — The Arizona Center for Economic Progress released the following statement Friday from Director Joseph Palomino following the release of Gov. Katie Hobbs’ budget:

“Gov. Hobbs’ budget includes targeted investments to lower everyday costs for Arizona families — from K-12 public education and food assistance to housing and energy bills — and uses alternative tools to stretch limited dollars.

“But many of these investments rely on one-time funding or short-term solutions, and affordability cannot be sustained without stable, long-term revenue. By shrinking the state’s revenue base through the flat tax and other tax cuts, lawmakers have constrained Arizona’s ability to sustain the investments families rely on.

“The Arizona Center for Economic Progress will closely review the full budget and legislative proposals and provide further analysis on whether they strengthen Arizona’s fiscal foundation and truly support families over the long term.”

For more:

• AZCenter Director Testifies in Opposition to Tax Conformity Package
• Karma’s a Budget: 3 Hidden Costs Lawmakers Can’t Avoid This Session