Originally published on Fri March 15, 2013 9:18 pm
OLYMPIA, Wash. – Hopes for a rosier budget outlook in Washington are dimming. Expected savings in Medicaid haven’t materialized. And many state lawmakers expect this week’s quarterly revenue forecast to show a downward slide. Add to that, a Supreme Court ruling that requires more funding for schools.
In response, Democratic Governor Jay Inslee is expected to announce soon a list of tax “loopholes” – as he calls them – he wants to eliminate to fund schools. But closing tax exemptions is easier said than done.
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