Tuesday, July 6, 2010

Special session is only option to secure budget reserve

Last week Governor Gregoire reiterated that if Congress doesn't provide the state with additional Medicaid funds (FMAP) by its August 9 recess she would be forced to call a special session or issue across-the-board cuts. This is because Washington assumed an additional $480 million in FMAP funds to help balance the budget this year. This is more than the $253 million ending fund balance meaning if the funds aren't approved the state's ending fund balance would be negative by more than $200 million . . . READ MORE

1 comments:

許紀廷 said...

One swallow does not make a summer.............................................................

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