Economy Archives - Arizona Globe

Kavanagh, Kupper Raise Alarms on SNAP Error Rate Penalties

June 26, 2026 2:21 pmJuly 9, 2026 2:16 pm

Arizona SNAP Error Rate Could Cost State $208 Million As GOP Lawmakers Renew Accountability Push PHOENIX — Arizona’s food stamp error rate has risen above the national average, creating the possibility of a $208 million federal penalty and giving Republican...

Kavanagh Defends Data Center Tax-Break Freeze in Budget Deal

June 17, 2026 4:30 pmJuly 3, 2026 8:10 am

PHOENIX — Senate Majority Leader John Kavanagh is defending a post-session budget compromise, temporarily freezing new data center tax breaks while preserving incentives already promised to companies operating in Arizona. The three-year moratorium was integral in the $18.3 billion bipartisan budget...

Montenegro Claims Victory after Judge Flips AZ Housing Water Rule

June 10, 2026 4:15 pmJuly 3, 2026 8:10 am

PHOENIX — Arizona House Speaker Steve Montenegro is claiming vindication after a Maricopa County judge ruled that the state illegally required developers to secure substantially more water than their projects would use before receiving approval to build. Montenegro joined the Home...

AZGOP Leaders Tout Trump-Friendly Bipartisan Budget Deal

June 9, 2026 5:17 pmJune 24, 2026 7:47 am

PHOENIX — Republican legislative leaders and Gov. Katie Hobbs have reached a bipartisan agreement on an $18.29 billion state budget that GOP lawmakers say will make Arizona the only state in the nation to deliver President Donald Trump’s federal tax...

Carbone Blasts Hobbs Housing Moratorium Over Taxpayer Risk

May 11, 2026 4:38 pmMay 21, 2026 6:22 pm

PHOENIX — Arizona House Majority Leader Michael Carbone (R-26) is emerging as one of the loudest legislative critics of Gov. Katie Hobbs’ housing moratorium, arguing the administration’s water policy has unlawfully restricted growth, worsened affordability, and exposed taxpayers to potentially...

Farnsworth Defends Vetoed GOP Budget; Calls for Renewed Talks

May 7, 2026 2:31 pmMay 21, 2026 6:22 pm

PHOENIX — Senate Appropriations Chairman David Farnsworth (R-10) is pushing back against Democratic criticism of the Republican budget proposal Gov. Katie Hobbs vetoed Tuesday, arguing the plan was balanced, fiscally responsible, and misrepresented by opponents. In a statement released May...

Maricopa Judge Overturns Hobbs’ Housing Development Ban

April 22, 2026 9:56 amMay 15, 2026 7:42 am

On April 21, 2026, Maricopa County Superior Court Judge Scott A. Blaney ruled that a key housing restriction imposed by Gov. Katie Hobbs’ administration was adopted illegally, preventing the state from using the policy to halt new home development in...