PHOENIX (June 23, 2022)—Arizona Chamber of Commerce & Industry President and CEO Danny Seiden released the following statement on the Legislature’s passage of the FY 2023 budget:
“I applaud lawmakers for working together to pass a bipartisan, broadly supported and structurally balanced state budget that invests in Arizona’s highest priorities.
“When Gov. Ducey released his first executive budget in 2015, Arizona faced a $1 billion shortfall. Thanks to eight years of responsible decision-making and pro-growth policies that have cut government regulations, slashed taxes for hardworking Arizonans and businesses and grown Arizona’s economy, we entered this session with an unprecedented $5 billion surplus that has allowed us to make much-needed investments in Arizona’s present and future.
“That is reflected in the historic $18 billion spending plan passed by our state Legislature this morning. This budget invests substantially in public K-12 education, highways and other infrastructure, public safety, healthcare workforce, border security and more – all while paying down long-term debts and fulfilling the Governor’s eight-year commitment to not raise taxes.
“We are grateful to the legislators who reached across the aisle to pass a budget that addresses pressing spending needs while positioning Arizona for continued and long-term economic growth.”
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