By Ben Giles | Arizona Capitol Times
Despite rosier-than-expected revenue collections and projections, top Republican lawmakers have all warned against the dangers of increasing state spending.
Spend too much, and the goal of a structurally balanced budget could remain a distant hope. Reel in spending, and the state might find itself with more ongoing revenues than expenditures for the first time since 2006, much sooner than GOP leaders had hoped.
The same can be said about tax cuts: Leave too much revenue on the table, and the state could be stuck with collections at a rate that sends Arizona back into a deficit in short order.