Posted on 11/29/2004 2:15:12 PM PST by truth49
Now that Washington's state spending limit (I-601) and November revenue forecast have been adopted, the budget picture is coming into focus for 2005-07. The good news is that with inflation up only 3.7 percent for 2005-07, the forecasted revenue is projected to increase by 6.7 percent—an increase of more than $1.5 billion over expected revenue for the current biennium (2003-05). It is worth remembering that in 2003 Governor Gary Locke presented just one budget based on his Priorities of Government (POG) budget review. Unfortunately, unlike in 2003, Locke may now be presenting two budgets for the next governor to inherit. One will be balanced within expected revenue and the 601 spending limit; the other would be his tax and spend budget, which will result in a projected $1.8 billion "deficit" barring a massive tax increase. This budget would consist of a 14.3 percent increase in spending—$3.3 billion more than current 2003-05 expenditures.
This means that while forecasted revenue for 2005-07 is nearly twice the rate of inflation, Governor Locke hopes to increase spending at nearly four times the rate of inflation.
(Excerpt) Read more at effwa.org ...
She has three days from the date the first recount is certified to officially ask for the hand recount.
$700,000 for a state wide recount,tick,tick,tick.
She will call for the recount. The Dem's have too many jobs in Olympia at stake not to go for the recount. Besides the like the power and would hate to have Dino use his line item veto to pull the plug from so much they want to pass in the state house and senate.
Folks, this is what's called scuttling the ship.
That said, I guess we're just going to have to be there with the mostest FIRST!
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