Posted by AzBlueMeanie:
I do not recall seeing any reporting on this bill, but Jim Nintzel at the Tucson Weekly in his piece 25 Bills to Watch includes this hair-raising prospect:
HCR 2021 would impose a new formula to limit state spending based on population growth and inflation. This kind of Taxpayer Bill of Rights was implemented in Colorado in 1992 and created such fiscal disaster that the voters eventually had to loosen its restrictions. HCR 2021 passed out of the Federalism and Fiscal Responsibility Committee on a 5-3 vote earlier this month.
According to the Arizona Legislature web site, the bill was on the agenda of the Federalism and Fiscal Responsibility Committee on February 19 (video of the committee hearing is on line). So why is this the first reporting I have seen on this dangerous bill?
