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Trump told reporters on Tuesday that the effort could cut $1 trillion from the federal budget, which totaled $6.75 trillion in the most recent fiscal year. ... But Washington has run deficits even ...
The state Office of Financial Management projects an operating budget deficit of between $10 billion and $12 billion over the next four years, despite the state’s record $72 billion budget.
State legislators in Washington state have a big budget challenge ahead of them. If they want to know why, they should look in the mirror. When the Evergreen State’s legislative session opens ...
The Washington Monument syndrome, [1] also known as the Mount Rushmore syndrome [2] or the firemen first principle, [3] [4] is a term used to describe the phenomenon of government agencies in the United States cutting the most visible or appreciated service provided by the government when faced with budget cuts.
Unlike during the Great Recession, the budget deficit isn’t due to a decline in revenue, as many of the state’s tax collections are at record levels while other new taxes have been imposed ...
Initially, the state Office of Financial Management estimated the budget shortfall between 2025-2029 could be between $10-12 billion. However, an official from Washington’s operating budget ...
(The Center Square) – According to the Office of Financial Management, Washington state is projected to face a budget deficit of between $10 billion and $12 billion over the next four-year ...
The budget cut will be addressed at the Feb. 3-11 Geneva meeting, during which member state representatives will discuss the agency's funding and work for the 2026-27 period.