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ECONOMY
Arizona Ranks Fifth For Biggest Mortgage Debt Increase
By Elizabeth Troutman | Arizona ranked fifth out of states adding the most mortgage debt between quarters three and four of 2023 according to a WalletHub survey. WalletHub released a report Friday showing in what state homeowners are struggling the most in response to...
Biden Touts $8.5 Billion For Intel’s Semiconductor During Arizona Trip
By Daniel Stefanski | The Grand Canyon State welcomed a grand manufacturing funding expansion this week. On Wednesday, President Joe Biden appeared in Chandler, Arizona, at the Intel Ocotillo location to “announce that the Department of Commerce has reached a...
Arizona’s Rank As 10th Most Federally Dependent US State Is In Question
By Elizabeth Troutman | Arizona ranked as the nation’s 10th most federally dependent state in 2024, according to personal finance website WalletHub. WalletHub compared the 50 states across three metrics: return on taxes paid to the federal government, federal funding...
Arizonans Oppose Potential Biden Rule Mandating Electric Vehicles
By Elizabeth Troutman | Reports show that the Biden administration plans to finalize its final tailpipe emissions rule for cars and trucks on Wednesday, a measure 61% of Arizonans oppose. The final EPA rule covers both carbon dioxide and conventional pollutants for...
Hobbs Sparks Bipartisan Outrage With Veto Of Housing Bill
By Daniel Stefanski | A bipartisan housing bill from the Arizona State Legislature has met its demise. On Monday, Democrat Governor Katie Hobbs vetoed HB 2570, which would have “create[ed] municipal prohibitions relating to home designs and single-family home lot...
Three House Members Urge IRS To Save Arizona Families From Additional Taxation
By Elizabeth Troutman | Two House Republicans and one Democrat from Arizona wrote to IRS Commissioner Daniel Werfel asking the agency to reconsider its decision to subject the Arizona Families Tax Rebate Program to federal income taxation. Representatives David...
Sen. Gowan’s Bill Targets Organized Retail Crime
By Daniel Stefanski | The Arizona Legislature continues to work on solutions to crack down on organized retail theft across the state. Last week, the Arizona Senate overwhelmingly passed SB 1411 with a 22-4 vote (with four members not voting). The bill would “require...
These Four Arizona Cities Have Least Financial Distress
By Elizabeth Troutman | Four Arizona cities made it onto a list of America’s least financially distressed cities. Last month, WalletHub released the results of their comparison of the 100 largest cities without data limitations across nine key metrics. The...
Illegal Immigrant Children Released Into Arizona In 2023 Would Cost $10 Million To Educate
By Corinne Murdock | There were over 800 illegal immigrant children released to sponsors in Arizona in the last fiscal year, which would result in an estimated cost of over $10 million to educate them. This estimate comes from Joint Legislative Budget Committee...
Arizona Senate Passes Cheaper Gas Bill
By Daniel Stefanski | Arizona legislative Republicans are working to lower gas prices for Arizonans at the pump. Last week, the Arizona Senate approved SB 1064, sponsored by Senator Justine Wadsack, which “adds gasoline fuel reformulation options for all gasoline sold...
Tempe Residents In Top 10 Cities For Most Credit Card Owners
By Elizabeth Troutman | Residents of Tempe, Arizona, own the sixth most credit cards of any city in the nation, according to personal-finance website WalletHub. The city with the largest number of credit card owners was Port St. Lucie, Florida, followed by Nashua,...
Arizona Saw Tenth Biggest Increase In Auto Loan Debt
By Elizabeth Troutman | Arizona was the state with the tenth biggest increase in auto loan debt from Quarter three to four in 2023, according to WalletHub. The personal-finance website recently released its report on the States Where Auto Loan Debt Is Increasing...
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