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 biennium, despite record-high tax revenues and the largest tax increase in state history. According to the latest forecast from the state’s Economic and Revenue Forecast Council, spending may …

By Clark County Today · June 26, 2025

Clark County Today wants to know what readers think lawmakers should prioritize to avoid a projected Washington state budget shortfall.

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 biennium, despite record-high tax revenues and the largest tax increase in state history. According to the latest forecast from the state’s Economic and Revenue Forecast Council, spending may soon outpace income, prompting discussions about possible course corrections. Options on the table include cutting government spending, raising taxes again, or rebalancing existing programs. Lawmakers will likely revisit the issue when the Legislature reconvenes in January. What path should they prioritize? Cast your vote in this week’s poll.

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WA may have to dip into emergency reserves, despite historic tax increases

Posted by ClarkCountyToday.com

|Wednesday, June 25, 2025

|in : Politics, News

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 th...