Someone is paying attention!

From the Tucson Citizen:

"A lawmaker-approved project to fund $1 billion worth of construction at the state's three universities may be dead after a legislative oversight committee held up the process amid concerns about the state's deepening budget deficit.

On top of refusing to review a package of university projects that had been billed as a way to help the state jump-start the construction industry, the committee last week also put off approving a slew of unrelated university projects, many of which wouldn't be funded by state money, in a move that angered University of Arizona officials.

But with a budget deficit of $300 million already looming just three months into the fiscal year and expected to increase to $1 billion, there might not be any money to fund the construction projects, said Sen. Bob Burns, R-Peoria, vice chairman of the committee. "

http://www.azstarnet.com/sn/fromcomments/261158.php

Finally! How can the U of A try to borrow millions of dollars when they can't afford even to pay their employees?

Oh yeah, and by the way:

"Close to half of the money was to help fund the expansion of the UA's biomedical campus in downtown Phoenix. "

Sounds a little too much like a subprime mortgage to me...banking on the possible increasing value of biomedical research....on borrowed funds...when we're already in debt...?