Governor-elect Ferguson Proposes $4 Billion Budget Cuts

Governor-elect Bob Ferguson of Washington has outlined budget priorities aimed at addressing a projected $12 billion shortfall over the next four years. His plan includes cutting state agency spending by at least $4 billion through a 6% reduction across agencies while protecting education and public safety funding. Ferguson also plans to generate additional savings by resolving disputes related to the tobacco master settlement and by reallocating $75 million from regulatory and civil law enforcement agencies. He emphasizes transparency and collaboration with lawmakers to tackle budget challenges effectively and intends to boost funding for K-12 education. The legislative session begins shortly after Ferguson's swearing-in on January 15, where he will present detailed proposals to lawmakers. In contrast, Maryland's Senate President Bill Ferguson warns of a $2.7 billion budget deficit requiring cuts and potential revenue increases to maintain state priorities.