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

Published June 17, 2024 1:56pm ET



Arizona passed its bipartisan $16.1 billion budget for the next fiscal year, effectively closing the $1.4 billion deficit the state was facing.

After weeks of negotiations between Gov. Katie Hobbs (D-AZ) 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.

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