GOP: Dems Overstating WA’s Projected Budget Shortfall as Cover for Higher Taxes
(The Center Square) – Republicans in the Washington State Legislature say Democrats are exaggerating the size of the projected four-year operating budget shortfall to justify proposed tax increases. The amount of the shortfall itself is a matter of some debate. In November, the Office of Financial Management indicated the state would be $10 to $12 billion in the hole over the next four years. A month later, then-Gov. Jay Inslee announced that the number had jumped to $16 billion. He said the deficit was even greater than first projected.
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Show Notes
Washington State: (The Center Square) – Republicans in the Washington State Legislature say Democrats are exaggerating the size of the projected four-year operating budget shortfall to justify proposed tax increases. The amount of the shortfall itself is a matter of some debate. In November, the Office of Financial Management indicated the state would be $10 to $12 billion in the hole over the next four years. A month later, then-Gov. Jay Inslee announced that the number had jumped to $16 billion. He said the deficit was even greater than first projected.
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Read more: https://www.thecentersquare.com/washington/article_b108c33a-f499-11ef-a2bc-5bdb4929257b.html
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