Budget Proposal

Austin Jenkins / N3

Teachers and other public school employees in Washington could face a 3% pay cut. That’s one of the key cost-saving measures contained in the State Senate’s two-year budget proposal. It was unveiled late Tuesday.

Austin Jenkins / Northwest News Network

Lawmakers expect to get more bad news tomorrow when the new state revenue forecast comes out. If the budget shortfall grows, pressure will intensify to find new sources of tax dollars to offset some of the cuts. Maybe gambling.

That's what owners of the state's non-tribal casinos are betting on. They're ready with a proposal to allow video slot machines in off-reservation mini-casinos – something they say will benefit the state’s coffers.

AP

Washington's total debt load is twice the national median – and one of the highest in the nation. That's the warning from the State Treasurer. Now lawmakers are considering two proposals to cap how much Washington can borrow for capital construction projects.

People with a direct stake in the Hanford Nuclear Reservation will be closely following President Obama's budget roll out. Money for cleaning up hazardous waste there is expected to be down.

These are uneasy times for the 56,000 Washingtonians on the Basic Health Plan. The state-subsidized health insurance program is tentatively slated to end March 1st. But House Democrats presented a Hail Mary proposal to possibly save it.

Washington's current two-year budget is still $600,000,000 out of whack. Finding hundreds of millions of dollars in savings between now and the end of the fiscal cycle in June is no easy task.