Tuesday, April 3, 2012

State balanced budget requirement proposed with exceptions

I hate to be the bearer of bad news but there is no balanced budget requirement in Washington State. The Governor is required to propose a balanced budget (RCW 43.88.030) and if at any time a cash deficit is projected the Governor is required to immediately implement across the board cuts (RCW 43.88.110), but the Legislature is not required to adopt a balanced budget . . . READ MORE

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