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Posts published in “Day: June 20, 2009”

Numbers in decline

Washington's Economic and Revenue Forecast Council said on Thursday that revenues for the next two years have been recalculated and adjusted downward, by more than $500 million.

An indicator for around the region? Possibly. Consider that the Oregon Legislature is still around, and still working on budget bills, and still debating over those numbers.

A good rundown of reaction to the Washington revisions shows up on the TVW Capitol Report blog. The main official reaction from Governor Chris Gregoire involves a 2% budget cut from previous levels.