Budget bills in WA Legislature would tap rainy day fund, spend heavily on legal payouts

OLYMPIA [Jake Goldstein-Street and Bill Lucia] —Democrats in the Washington Legislature on Sunday proposed tapping the state’s rainy day savings account and slashing hundreds of millions of dollars for a child care program for low-income families to balance the state’s budget into next year. But under their plans, the state’s main operating account would have a more […]
WA governor calls for tapping reserve fund and climate law cash to fill budget hole

OLYMPIA [JERRY CORNFIELD]—Washington Gov. Bob Ferguson made a splash Tuesday with his full-throated endorsement of taxing the earnings of millionaires. The surprise declaration from the first-term Democratic governor nearly drowned out his newly released plan to erase a multibillion-dollar shortfall in the current state budget. He made “super clear” that if Washington taxes millionaires, the […]