Debt to feds may be high if voters reject tax hike
Tue, 03/09/2010 - 00:15
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Capitol Media Services
PHOENIX — Arizona could owe the federal government almost as much money as a proposed sales-tax hike would raise if voters reject it.
A contingency plan for what would have to be cut if the one-cent levy fails at the ballot proposes to slash nearly $428.6 million in aid to education. That would be on top of more than $380 million lawmakers are proposing to cut to balance next year’s budget, no matter what, including eliminating state funding for full-day kindergarten programs.
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Anyway you cut it, the tax payers will get hit hard on this one.
Perhaps someday in the distant future we’ll start electing politicians who
are willing to do what’s best for the State and her people even when it’s
unpopular. The tax hike isn’t going to pass and Arizona doesn’t deserve to be
let out of its agreement with the Federal government. The purpose of the
stimulus was to help us maintain our education funding, if we refuse to fund
education… why should get any help from the Federal government? It’s clear
education isn’t a priority in this state.
don’t worry about any money “owed” to the federal govt, it seems to not care
about debt. just write it off the books. but then maybe the fed would
forclose on AZ and sell us to the chinese?