Say WA? Evergreen State ping
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Posted on 11/19/2008 12:34:24 PM PST by sionnsar
The bottom just fell out of the state budget.
A new state forecast released this morning estimates tax revenues will drop an additional $1.9 billion below projections.
If that number holds true, state lawmakers could face about a $5 billion shortfall when they meet in January to put together a new two-year budget. That's up from a $3.2 billion gap projected in September.
"This is as bad as I've ever seen it," said Victor Moore, the governor's budget director.
Growth in state tax revenues have fallen sharply...
(Excerpt) Read more at seattletimes.nwsource.com ...
Say WA? Evergreen State ping
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Ping sionnsar if you see a Washington state related thread.
"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." - Manuel II Palelologus
"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." - Manuel II Palelologus
This is true.
“Growth in state tax revenues have fallen sharply in recent months “
Have you ever noticed that they will never tell you what the state revenue numbers look like? They never say ‘Revenues were $X last year and $X this year’
The current two-year general fund budget is $33.6 billion. State spending has increased by $8 billion since Gregoire was elected governor in 2004. ...
The ferry system is broke, and mis managed. Then there were the million dollar auto toilets sold on EBay for $24, cause they were dens for drug dealers. Somebody is shooting the woodpeckers on Queen Ann Hill, and PETA is upset. The Sea Lions are eating all the Salmon, and the whales are going hungry.
But hey, it is now legal to kill ourselves.
Revenue. Oops. Turned into “budget” when scanning the article...
California bankrupt with a RINO gov. WA bankrupt with a Dem gov and OR is right behind them. The entire west coast will be bankrupt soon. But not Alaska!
bump
and add in Michigan...
I don’t know if they are a bankrupt Democrat-rule state yet...
but (if I understand it correctly), they’ve drained their unemployment
and have been tapping the Federal support fund for empty state funds.
I’d love to see Obama appoint Gov. Granholm to a Dept. of Treasury position.
Except she’d bankrupt the country faster than Obama alone.
Yes but we are taxed in so many other ways.
Well, she is a liberal and wanted to live in "Liberal Mecca" so I suppose we'll how that'll work out for her?
Looks like about a 25% increase to me. Don't these morons in govco. know anything but spend, spend,spend?
Not the dem libs.
Lets do the math:
California: $12 billion / 36.5 million = $328 per person
Washington: $5 billion / 6.5 million = $769 per person
Oregon: $1.3 billion/ 3.7 million = $351 per person
Ugh! We are worse off than either Cali or Oregon!
Alaska will be on franks and beans soon enough. Maybe sooner.
Time for a state income tax!
It is the upside down world of USSRW.
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