Fiscal Fallout: 2026 Legislative Session ‘Could Be Worse Yet’
(The Center Square) – Washington state is currently forecast to run out of money by 2027 and experience a fiscal deficit by 2028 despite the largest tax increase in state history this session, in addition to record revenue levels. While some elected and appointed state officials have highlighted the impacts of President Donald Trump’s One Big Beautiful Bill Act on Medicaid funding for the combined operating budget, one lawmaker says it’s a distraction from how the state actually got to this point.
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Show Notes
(The Center Square) – Washington state is currently forecast to run out of money by 2027 and experience a fiscal deficit by 2028 despite the largest tax increase in state history this session, in addition to record revenue levels. While some elected and appointed state officials have highlighted the impacts of President Donald Trump’s One Big Beautiful Bill Act on Medicaid funding for the combined operating budget, one lawmaker says it’s a distraction from how the state actually got to this point.
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Read more: https://www.thecentersquare.com/washington/article_d42c06e9-639a-4690-902a-9c9470cd86c2.html
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