Stories tagged: "economy"


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Over 100,000 Arizonans to Receive Settlement Checks From TurboTax This Month

The tax filing behemoth was caught charging customers for services that are required to be free under federal law.

FILE - Speaker of the House Kevin McCarthy, R-Calif., speaks at the Capitol in Washington, Thursday, April 20, 2023. The Democratic president and Republican congressional leader have each tried to assure the public in recent weeks that they don't want the government of the world's largest economy to default. But President Joe Biden has resisted McCarthy's calls for negotiations, while McCarthy is pushing a plan that can't pass the Democratic-majority Senate. (AP Photo/J. Scott Applewhite, File)
What Happens if America Defaults on Its Debt?

If the country defaults on its debt, millions of people would lose their jobs, retirement accounts would be decimated, Social Security payments could be delayed, Medicare and Medicaid benefits could be affected, and military members could see paychecks delayed.

SSpeaker of the House Kevin McCarthy, R-Calif., holds an event to mark 100 days of the Republican majority in the House, at the Capitol in Washington, Monday, April 17, 2023. McCarthy is hurtling toward one of the most consequential weeks of the new House Republican majority as he labors to pass a partisan package that would raise the nation's debt limit by $1.5 trillion in exchange for steep cuts that some in his own party oppose. (AP Photo/J. Scott Applewhite, File)
House GOP Passes Bill That Would Take Food and Healthcare From Arizona Families

An estimated 55,000 Arizonans would lose access to food assistance, 5,600 kids would lose preschool and child care slots, and Arizona veterans would lose 127,000 doctors visits for issues like mental health and substance disorder treatment.

Maria Reyes pumps gas at a Phoenix station. Gas prices at the 76 gas station in central Phoenix were $4.89 for regular, $5.39 for premium and $4.49 for diesel when paying with a credit card. (Photo by Sierra Alvarez/Cronkite News)
Gas Guzzler: Gas Prices Jump in Arizona to $4+ and Rising

The average price of gas in Arizona is roughly 78 cents more expensive than the national average.

President Joe Biden speaks about his 2024 proposed budget at the Finishing Trades Institute, Thursday, March 9, 2023, in Philadelphia. (AP Photo/Matt Rourke)
Biden’s Budget Would Tax Billionaires, Corporations to Strengthen Medicare, Expand Child Care, and Help Families

Republicans immediately rejected Biden's plan, but have yet to release their own budget. They have made it clear, however, that they want to apply deep spending cuts to everything from health insurance to food assistance benefits.

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Gov. Katie Hobbs Vetoes Landlord Tax Break Bill

The Republican proposal would have eliminated taxes on apartments and rental homes taxes for landlords without requiring them to pass those savings to their tenants.

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First Lady Jill Biden Visits Mesa Community College to Talk College, Jobs

First Lady Jill Biden stopped in Mesa to vocalize again her support for Mesa College Promise, a public-private partnership that promises free college to eligible high school graduates.