Today is Monday, 18th November 2024

AZ: GOP Lawmakers Slash More Than $600 Million in State Spending

These cuts are being done in a way that provides maximum flexibility.  What’s more, the cuts aren’t the only solution being utilized – special funds are also being swept up to emphasize needs vs. wants.  From the AZDailySun.com:

Republican legislative leaders crafted a deal late Wednesday that will cut more than $600 million in state spending.

The package, worked out largely behind closed doors, includes taking more than $141 million from the state’s three universities. While that is more than the $100 million the schools offered in immediate cuts, it is far less than the more than $240 million in spending reductions and fund sweeps suggested just this past week as options by the chairmen of the House and Senate Appropriations committees.

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