From The Arizona Republic:
Arizona State University economist Tom Rex said Thursday that raising taxes and fees would have a less negative impact on the state’s economy than the spending cuts Gov. Jan Brewer’s budget plan proposes.
The governor relies heavily on spending reductions, including eliminating health-care coverage for more than 280,000 Medicaid recipients, to close a budget deficit her office estimates at $1.15 billion for fiscal 2012.
Brewer has said she has no choice but to recommend cuts to the Arizona Health Care Cost Containment System given the magnitude of the state’s fiscal crisis.
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