For the remainder of the 07-09 biennium: down $721 million from what was thought in Nov.For the 09-11 biennium: down $1.587 billion. Biggest drops: sales and use tax ($823 million) and real estate excise tax ($394 million).Total loss from November's numbers: $2.3 billion.
Three months after a state revenue forecast left Washington looking at a $5.7 billion budget shortfall over the next year and a half, a top legislator says she expects things to be $2 billion worse when that forecast is updated in about 15 minutes."I don't…
Worthwhile reading on your lunch hour:-Unions, others are polling on what state tax increases voters would find palatable. From the Tacoma News-Tribune's Joe Turner:Meanwhile, the shadow legislature of unions and other stakeholders is out their holding "focus groups" in communities. They're trying to figure out…
Short takes and breaking news from the Washington Legislature and the state capital.
