by Ethan Faverino | Aug 18, 2025 | Economy, News
By Ethan Faverino |
The One Big Beautiful Bill Act (OBBBA) marks the most transformative overhaul of federal tax policy since the 2017 Tax Cuts and Jobs Act (TCJA).
The OBBBA locks in the TCJA’s individual tax provisions, avoiding a tax increase for approximately 62% of tax filers in 2026, according to the Tax Foundation.
The group’s recent analysis also shows that the law will reduce federal taxes for individual taxpayers in every state, with an average national tax cut of $3,752 per taxpayer in 2026.
The economic impact is equally as big, with 938,000 new full-time equivalent jobs created over the long term, including 132,000 in California, 81,000 in Texas, and down to 1,800 in Vermont.
In Arizona, the Tax Foundation says that the OBBBA will deliver an average tax cut of $3,521 per taxpayer in 2026, providing relief to families and individuals across the state.
Maricopa County will see an average tax cut of $4,049 per taxpayer in 2026, driven by key provisions like:
- Income Tax Rate Cuts and Bracket Changes: $1,613 in savings per taxpayer.
- Standard Deduction Expansion: $821 in savings
- Child Tax Credit Expansion: $630 in savings
- Tip and Overtime Deductions: $50 and $229 in savings
- Business Provisions: $1,321 in savings
Other counties in the state will see major tax cuts in 2026, including Coconino County, with $3,096, Yavapai County, with $3,066, Greenlee County, with $3,011, Pima County, with $2,781, and Pinal County, with $2,553.
The Tax Foundation also projects that Arizona will gain approximately 18,014 full-time equivalent jobs in the long run, boosting local economies and supporting communities across the state.
OBBBA’s long-term outlook remains strong, with average tax cuts projected to dip to $2,505 in 2030 due to the expiration of temporary provisions like the tip and overtime deductions, before rising to $3,301 by 2035 as inflation enhances the value of permanent cuts.
Arizona’s business-friendly provisions, such as permanent 100% bonus depreciation and research and development (R&D) expense, will continue to drive investment and job creation.
Ethan Faverino is a reporter for AZ Free News. You can send him news tips using this link.
by Ethan Faverino | Aug 16, 2025 | Economy, News
By Ethan Faverino |
Congressman Andy Biggs (AZ-05) has introduced a resolution in the U.S. House of Representatives formally recognizing America’s escalating national debt as a direct threat to national security.
As the national debt surpassed $36.2 trillion in January 2025, with the fiscal year 2024 interest expense exceeding $1.13 trillion, Congressman Biggs is urging Congress to confront the growing fiscal crisis head-on.
The resolution highlights the severity of the debt crisis, noting that the total public debt reached 120.87% of GDP in January 2025, equating to $104,780 per citizen and $323,045 per taxpayer.
It points to the federal government failing to produce a balanced budget since 1997, with the fiscal year 2024 resulting in a $1.86 trillion deficit due to federal outlays of $6.94 trillion.
The resolution warns that continued reliance on raising the debt ceiling and bypassing regular order in the appropriations process undermines fiscal responsibility and congressional oversight.
The resolution also references warnings from former national security leaders, including Secretary of Defense James Mattis, Director of National Intelligence Dan Coats, and Chairman of the Joint Chiefs of Staff Michael Mullen, who have all emphasized the national debt’s threat to military and economic security.
Congressman Biggs, who has introduced this resolution in previous Congresses, remains steadfast in advocating for fiscal discipline. He has also proposed a balanced budget amendment to the U.S. Constitution to enforce long-term fiscal responsibility.
“The federal government’s wasteful spending spree is unsustainable and is inching us ever closer to a fiscal cliff,” said Biggs. “Our reckless spending habits will enable our adversaries to surpass us on the global stage and constrain our ability to defend our nation in the face of attack. It is past time for Congress to be serious about balancing the nation’s budget and making significant cuts to federal spending, lest we pin a $70 trillion debt on our children and grandchildren’s shoulders. Relying on continuing resolutions year after year is lazy legislating. Raising the debt ceiling every year is a cop out. American voters elected us to enact President Trump’s America First priorities through responsible budgeting, not to maintain the status quo. My resolution acknowledges that Washington has a spending problem and calls to restore regular order to the appropriations process.”
Congressman Biggs’ resolution and amendment are backed by cosponsors across the country, including Rep. Byron Donalds (R-FL), Rep. Paul Gosar (R-AZ), Rep Daniel Webster (R-FL), Rep. Dan Newhouse (R-WA), and Rep. Keith Self (R-TX).
Ethan Faverino is a reporter for AZ Free News. You can send him news tips using this link.
by Ethan Faverino | Aug 14, 2025 | Economy, News
By Ethan Faverino |
Intel Corporation is under fire following its receipt of significant funding from the CHIPS and Science Act, followed by recent job cuts nationwide and hiring a new CEO with ties to the Chinese Communist Party (CCP).
In November of 2024, the U.S. Department of Commerce finalized $7.86 billion of taxpayer dollars to Intel under the CHIPS and Science Act to support semiconductor manufacturing and advanced packaging projects in Arizona, New Mexico, Ohio, and Oregon.
This funding, part of a broader $100 billion investment plan by Intel, was intended to boost U.S. semiconductor production, create thousands of jobs, and enhance national security by reducing reliance on foreign supply chains.
In Arizona, the award was expected to support the construction of two new fabrication plants and the modernization of an existing facility at Intel’s Ocotillo campus in Chandler, creating 3,000 manufacturing jobs and over 6,000 construction jobs.
However, Intel’s announcement in August 2024 of a global workforce reduction of approximately 15,000 jobs, including 400 at its Chandler facility, has raised concerns about the alignment of these cuts with the CHIPS Act’s goal of fostering U.S. job growth.
The layoffs, part of a $10 billion cost-cutting plan prompted after a $1.6 billion net loss in Q2 2024, face criticism as Intel continues to benefit from taxpayer-funded incentives.
President Trump addressed these concerns about national job loss and a new CEO, saying, “The CEO of INTEL is highly CONFLICTED and must resign, immediately. There is no other solution to this problem. Thank you for your attention to this problem!”
This has gotten support from other GOP members across the country, with Senator Rick Scott following up, saying, “President Trump is right, Intel owes American taxpayers answers TODAY. Intel accepted tax dollars from the CHIPS Act, and instead of investing in America, they cut jobs in the U.S. and hired a CEO with a cozy relationship to the CCP. The CHIPS Act was intended to benefit America, not our adversaries. Intel should return every dime of this taxpayer funding IMMEDIATELY!”
Ethan Faverino is a reporter for AZ Free News. You can send him news tips using this link.
by Ethan Faverino | Aug 13, 2025 | Education, News
By Ethan Faverino |
A new report from the Common Sense Institute (CSI) revealed a crisis in Arizona’s district public school system, marked by declining enrollment, expanding infrastructure, and misallocated resources that fail to serve students effectively.
Despite a 5% drop in district school enrollment since 2019, Arizona’s public-school districts have continued to expand facilities, increase capital spending by 67% to $8.9 billion, and boost transportation costs by 11.3% to $561.2 million, even as eligible bus riders plummeted by 45%.
As Arizona’s population surged, districts expanded, constructing thousands of school buildings, hiring teachers, and extending bus routes to accommodate a growing student body.
Since peaking in 2008 with 931,000 students, district school enrollment has steadily declined, dropping to 859,519 students by 2024—a 5% decline since 2019 alone.
According to the report, this trend is accelerating, driven by demographic shifts and changing parental preferences.
Arizona’s school-aged population (ages 5–17) shrank for the first time in 2022, with a loss of 30,000 children by 2023.
Meanwhile, school choice has reshaped the educational landscape with 40% of incoming kindergarteners now opting for charter or private schools, which operate with leaner facilities and no formal transportation systems.
In the meantime, Arizona’s district schools have doubled down on expansion. Since 2019, districts added 499 new buildings, increasing gross square footage by 3% to 148.6 million square feet—78 million square feet more than needed, enough to accommodate 630,000 additional students.
The fastest-shrinking districts have increased capital spending the most, with 20% of districts (serving 73% of students) receiving 81% of capital funding.
Math proficiency in Arizona’s district schools fell 25% since 2019, and English proficiency dropped 5%, according to NAEP assessments.
Staffing has grown by 1.5% to 108,330 employees, with teacher salaries rising 24.1% to $65,113, yet class sizes remain stable at 17.7 students per teacher.
Administrative staffing has surged 6.7% since 2019, outpacing classroom staff growth, but these investments have not translated into academic gains.
Ethan Faverino is a reporter for AZ Free News. You can send him news tips using this link.
by Ethan Faverino | Aug 10, 2025 | Economy, News
By Ethan Faverino |
State Representative Walt Blackman, Chairman of the House Committee on Government, reiterated his strong support for the Final Environmental Impact Statement (FEIS) for the Resolution Copper project, completed by the U.S. Forest Service (USFS).
In a letter addressed to the Acting Forest Supervisor Ericka Luna, Representative Blackman called for the swift execution of the land exchange authorized by Congress in Section 3003 of the National Defense Authorization Act for the 2015 Fiscal Year.
Representative Blackman said, “The Resolution Copper project is a rare opportunity to strengthen Arizona’s economy—especially in the historic Copper Corridor and across District 7. It will bring high-wage jobs, critical infrastructure investments, and lasting economic support for local businesses.”
The Resolution Copper Project is anticipated to create thousands of construction jobs at first, with thousands more supported during decades of mine operations.
With Arizona’s average mining wage at around $100,000, these jobs promise to enhance the livelihoods of working families across the state.
The project is also expected to generate tens of millions in annual tax revenue, enabling critical investments in public roads and essential services for the Town of Superior and the surrounding areas.
The FEIS, culminating over a decade of National Environmental Policy Act analysis, incorporates extensive input from tribal governments, local communities, and other stakeholders.
Resolution Copper’s Community Working Group has played a vital role in developing mitigation strategies and promoting shared goals.
Additionally, more than 23 local municipalities and organizations have signed Good Neighbor Agreements, establishing a structure for responsible land and community management throughout the mine’s lifespan.
Blackman added, “Resolution Copper has made a genuine effort to work with the community and earn local support—truly being a good neighbor. This project is ready to move forward, and it’s time it does. I urge the Forest Service to act without further delay.”
Representative Blackman emphasized the project’s alignment with Arizona’s legacy as a leader in U.S. copper production. He urged the USFS to proceed with the land exchange, highlighting the potential to drive sustainable economic growth for the Copper Corridor and throughout Arizona.
Ethan Faverino is a reporter for AZ Free News. You can send him news tips using this link.
