These fact sheets summarize a budget solution that closes Washington’s $2.8 billion shortfall this year — and provides long-term budget stability in future years. By closing tax exemptions that no longer serve a compelling public purpose and carefully choosing new sources of revenue, lawmakers can stabilize funding for quality schools, affordable health care, a safety net for the most vulnerable, affordable housing, public safety, and a clean environment. This responsible approach will help balance the state budget without eroding the high quality of life that makes our state a great place to live, work, raise a family and do business.