Tagged: Budget crisis

OLYMPIA, Wash. – Majority Democrats in the Washington state House have unveiled a plan to rebalance the state’s budget. The spending blueprint released Tuesday does not call for a general tax increase. But it would delay a massive payment to public schools. It also relies on savings from reduced demand for state services.

OLYMPIA, Wash. – Two credit rating agencies have delivered a warning to the State of Washington to get its financial house in order. The ratings agencies lowered the outlook for Washington state debt, citing the magnitude of the budget shortfall.

State Parks leaders have decided to go ahead with planned layoffs, even after the Legislature asked them not to. 

OLYMPIA, Wash. — The Washington Supreme Court is considering arguments over the debt troubles surrounding Wenatchee's events arena.

Justices heard debate Tuesday about whether the area's public facilities district should be able to refinance nearly $42 million.

OLYMPIA, Wash. - Washington state lawmakers begin their 2012 session with no agreement in sight for how to solve major budget shortfall.

In the House of Representatives Monday, leaders from both parties laid out different visions for how they would balance the budget.

OLYMPIA, Wash. – A one billion dollar budget shortfall, taxes and gay marriage are all on the agenda as the Washington legislature convenes Monday. But the timeframe is short – just 60 days – and already the Governor’s push for gay marriage is setting off partisan tension.