DALLAS - Arizona Senate Democrats have offered the sale and leaseback of the state's prison system as part of the solution to an anticipated $3 billion budget shortfall in fiscal 2010.

Legislators said securitization of future revenues of the state lottery or the prison sale-leaseback proposal would raise $500 million. The total program outlined at Tuesday's news conference would provide an additional $1.6 billion in revenue enhancement for use in the 2010 budget.

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