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Revenue Forecast Looks Dismal

September 16, 2011

Washington faces a $1.3

billion shortfall for the current two-year budget cycle, forcing lawmakers to consider a fresh round of cuts.

/>     Lawmakers said Thursday they are already discussing new ways to address the shortfall,

just months after finalizing a plan to make $4.6 billion in projected spending reductions. Gov. Chris Gregoire

/>is considering the possibility of asking the Legislature to come back soon to start balancing the budget before

lawmakers are scheduled come back in January.
     Republicans budget writers still say

tax increases are still not acceptable, and they can block any such proposals because of a voter-approved

initiative that requires a two-thirds majority to pass them. Democrats are considering a proposal that would ask

voters to approve taxes in order to support education, which has faced much of the cuts.

 

For

more, KOHO Radio spoke with the State's Chief Economist Dr. Arun Raha, and to Representative Mike Armstrong.

/> 

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