Facing up to a $5 billion shortfall: How would you balance Washington’s budget?

Click to enlarge

60% of Washington’s budget (read: K-12 education and Medicare) is both constitutionally and legally protected from cuts. That means the projected $5 billion revenue shortfall in  Washington’s 2011-13 budget will be carved out of $14 billion — a 35% cut. But legislators have another choice.

By putting tax exemptions and preferences — now worth $6.5 billion — under the microscope, state elected officials can prevent massive cuts to our public colleges and universities, ensure continued health care for low-income workers, keep parks and recreation programs open, and maintain other public priorities.

The League of Education Voters has released a handy new tool that allows you to balance the budget with a mix of spending cuts, new revenue options and the closure of numerous tax exemptions. And EOI has released an updated list of over $4 billion in budget-balancing recommendations.

So, how would you balance Washington’s budget?

  • Leave a Reply

Your email address will not be published. Required fields are marked *

More To Read

April 25, 2019

Washington Hospitals Say 30 Percent Profit Isn’t Enough

Cascade Care would reduce profits from gargantuan to large

April 24, 2019

We’re Number 2!

Washington pays teachers 31.6% less than similarly educated professionals.

April 23, 2019

Worried About Medicare for All, Insurers Are Stockpiling Your Money

They're making record profits, but not lowering premiums