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Opinion: Record capital gains revenue won't solve Washington's budget woes
Washington's capital gains tax hit $1.5 billion in fiscal 2026 — yet covers less than 10% of the state's projected budget shortfall.
Washington facing sharp budget deficit, 'significant impact' to services expected
OFM Director K.D. Chapman-See warns agencies the 2027-29 budget shortfall spans both operating and transportation funds.
POLL: What do you believe is the biggest reason school districts are facing budget shortfalls?
Districts across Washington warn of budget gaps as debate grows over rising costs versus inadequate state funding.
WA Senate narrowly advances bill to reduce education spending by $176M through 2031
The Washington Senate passed a bill by a 25-24 vote that would reduce and delay some education funding to help address the state’s budget shortf…
POLL: What should lawmakers prioritize to avoid a budget shortfall by 2027?
Despite record tax hikes, Washington may face a deficit and could dip into reserves Washington state faces a potential budget shortfall by the end of the 2025–27 bien…
WA may have to dip into emergency reserves, despite historic tax increases
Despite record revenue and the largest tax hike in state history, Washington may face a budget shortfall by 2027 and could need to tap emergency reserves, according to the latest ERFC report.
Washington governor wants agencies to look for deeper cuts
Gov. Bob Ferguson is warning state agencies to prepare for deeper cuts as Washington’s budget shortfall worsens, with a new revenue forecast due June 24 and economic unc…
Ferguson signs budget boosting Washington state spending and taxes
Governor Bob Ferguson approved Washington’s new $77.8 billion budget and tax package Tuesday, raising business taxes and the gas tax to close a multibillion-dollar shortfa…
Opinion: An unacceptable tax burden
Nancy Churchill outlines new tax proposals in Washington state, warning of growing burdens on working families amid budget shortfalls and government overspending.
Gas tax increases key to fueling Washington transportation budgets
Washington state lawmakers propose gas tax increases to address transportation budget shortfall.
GOP: Dems overstating WA’s projected budget shortfall as cover for higher taxes
Republicans in Washington state argue that Democrats are overstating the projected budget shortfall to justify tax increases, sparking debate over state sp…
Republican budget leader welcomes Gov. Ferguson’s savings suggestions
…ov. Bob Ferguson’s spending-reduction proposals, discussing budget shortfalls and fiscal priorities in Washington state.