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WA's $79.4B budget relies on reserves, cuts, and one-time transfers

WA's $79.4B budget relies on reserves, cuts, and one-time transfers

Published 1 month, 2 weeks ago
Description

Gov. Bob Ferguson’s latest budget withdraws $880M from reserves, reduces child care subsidies, and shifts $375M from infrastructure funding to balance the $79.4B plan—while leaving a projected $878M deficit in 2028 and delaying new tax revenue. https://www.clarkcountytoday.com/news/with-more-state-financial-stress-on-horizon-ferguson-signs-wa-budget/ #Washington #statebudget #education #childcare #housing #deficit #BobFerguson #legislature #politics

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