State Starts Money Talk in Olympia Tonight
The Washington State Legislature opens it’s 60 day session at noon today in Olympia…and obviously money will be the top issue. Mainly how to balance a budget that is 2 billion dollars in the red. Rep. Bruce Chandler of Granger will be there. He says despite the fact that the state will take in more than a billion dollars more in tax revenue in this bienium than in the previous bienium, major revenue cuts are still on the way.
Cuts across the board and higher taxes are expected. The governor wants big cuts in education including cutting the levy equalization money. This money is vitally needed by some school districts because of the lack of local taxes. The 60 day session starts at noon today.