Press "Enter" to skip to content

Posts published in “Day: September 18, 2008”

Real money

The Washington state revenue picture had been darkening for a while, but news today makes it positively rough: An additional $529 million that the state now is expected not be receiving.

That's just one element of the shortfall, of course: The shortfall now is expected to hit $3.2 billion. Put in context: The state budget overall is a little over ten times that, so Washington has lost a tenth of its revenue.

Next legislative session may be the most difficult in Olympia in close to a decade.