ASU economist rates Lake's, Hobbs' plans for inflation

ASU economist who's advised governors for 40 years shares his litmus test on the tax policy plans of Democrat Katie Hobbs, the secretary of state, and Republican Kari Lake, a former TV news anchor.

In this article aired and published Sept. 28, 2022, on 12 News Arizona:

At some level, you've got to pay the bills. The legislature is on the hook, and the governor's office is there to facilitate. We're on the hook to pay the bills by means of taxation unless you can assume that there are no more bills.

– Dennis Hoffman, director of the L. William Seidman Research Institute and director of ASU’s Office of the University Economist