Friday we passed the final budget for Fiscal Year 2012 – a truly balanced budget, something we haven’t had in five years. There are no gimmicks, no rollovers, and no borrowing. Senate leadership stood firm on our commitment to not allow accounting tricks in the budget. Borrowing simply increases the hole we are in and passes the buck to future legislatures and generations. These difficult but necessary decisions on reductions provide the framework for Ari zona ’s future prosperity.
In the November elections, the public made it clear that they expected the state to balance the books and not push the tough decisions down the road. That is what we did and we did the right thing for Arizona and the right thing for all our citizens.
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