Ariz. university presidents offer spending cuts

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PHOENIX -- Arizona state university presidents on Wednesday proposed a $100 million package of funding cuts that's teamed with other steps to respond to the state's budget crisis.

Students gather at Capitol

The presidents are establishing a team of economists to develop options for helping the state emerge from the recession. They're also calling on lawmakers to stimulate the economy by allowing previously approved university building projects to proceed.

The presidents say the universities can swallow some cuts but that deeper reductions would mean the schools now longer would be nationally recognized, research-grade institutions.

Legislators and Gov. Jan Brewer are discussing the possibility of a special session for lawmakers to eliminate the state's big budget shortfall.

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