Budget progress could end Ariz. session this week

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PHOENIX (AP) -- The Arizona Legislature could adjourn its 2012 session by the end of the week if a new state budget is approved and other remaining work is completed.

Gov. Jan Brewer announced a budget agreement with lawmakers late Friday. That deal came after legislative leaders briefed rank-and-file majority Republicans Thursday on progress in budget talks.

Key elements of the agreement include depositing $450 million in the rainy day fund and providing hundreds of millions of dollars in additional spending for mental health, reading instruction, prison construction, social services and other programs.

Gov. Jan Brewer says the state's economy and fiscal picture have improved so the state can afford additional spending for priorities.

Putting money into the reserve fund reflects Republican legislators' concerns about possible new budget troubles.