Arizona closes $1.4 billion shortfall by passing bipartisan $16.1 billion budget

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Arizona closes $1.4 billion shortfall by passing bipartisan $16.1 billion budget
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In order to close the budget, most state agencies will take a lump-sum cut.

and Republican lawmakers, with some Democratic lawmakers expressing frustration they were not heavily involved in the negotiations, the first-term governor hashed out a budget to address the looming deficit.

The state, however, began bringing in less money than expected, partially due to a massive tax cut under then-Gov. Doug Ducey thatalso expanded and costs to fund it skyrocketed, prompting Hobbs to repeatedly call for the voucher program to rein in spending. The GOP’s slim majority in both chambers of Arizona’s legislature, however, would not have taken cuts to the voucher program lightly and the budget only includes a small cut of $2.5 million to the $900 million program.

In total, the budget cut about $600 million from the current fiscal year, which ends June 30, in order to pass the $16.1 billion budget for next year.

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