Economy Archives - Arizona Globe

Montenegro Claims Victory after Judge Flips AZ Housing Water Rule

June 10, 2026 4:15 pmJune 10, 2026 4:17 pm

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 pm

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...

Bolick’s HB2400 Gas Price ‘Hail Mary’ More Political than Practical

March 24, 2026 3:54 pmApril 8, 2026 12:51 pm

Sen. Shawnna Bolick’s proposed strike-everything amendment to HB 2400, announced on March 23, 2026, appears to be a “hail Mary-esque” response to the drastic rise in gas prices impacting Arizonans. The amendment would require the state to pursue an emergency...

Montenegro Make Hobbs’ Vetos Central to GOP Election Message

March 16, 2026 3:29 pmApril 2, 2026 1:12 pm

Gov. Katie Hobbs’ veto record has become a central line of attack for Arizona Republicans and a point of defense for state Democrats. The veto battle reflects the broader struggle of governing with a Democratic governor and a Republican-controlled Legislature....