Phoenix, AZ – Martin said the problem is Arizona is spending about $28 million a day while bringing in less than $23 million in taxes.
"It definitely is a path towards bankruptcy if there's no changes in spending. You can't ignore your bills forever. The state's done that for about a year and a half as revenues have continued to drop. Spending has gone the other direction," Martin said.
Phoenix, AZ – We have new figures this afternoon of what the state is collecting in taxes. The numbers, which reflect consumer spending, are far below projections as shoppers, anxious about the economy, are keeping their money in their pockets.
Phoenix, AZ – The speculation continues that Janet Napolitano will take a job in the new Obama administration. Arizona Public Radio's Howard Fischer said that was further stoked by the president-elect's decision Wednesday to name her to his transition team.
Phoenix, AZ – Voters approved a measure Tuesday to constitutionally define marriage in this state as solely between one man and one woman. Arizona Public Radio's Howard Fischer reports on the outcome of Proposition 102.
Phoenix, AZ – The election of at least two Democrats to the sate Corporation Commission is likely to mean a bigger push for utilities to generate more electricity from renewable sources. Arizona Public Radio's Howard Fischer reports.