Gov. Ferguson's $4B Budget Plan Faces Tax Debate

Washington Governor Bob Ferguson has proposed a $4 billion budget cut plan to address the state's projected $12 to $15 billion deficit over the next four years. The plan includes furloughing most state employees for one day per month over two years, expected to save $300 million, while maintaining investments in education, public safety, and Medicaid. Ferguson's proposal also involves cutting administrative costs and reviewing programs previously funded by federal COVID relief. Although not entirely ruling out new taxes, Ferguson emphasizes improving efficiencies and cost-cutting as immediate priorities, working alongside $3 billion in savings identified by former Governor Jay Inslee. Despite bipartisan efforts to address the shortfall, there is ongoing debate about the necessity of new taxes to fully bridge the deficit.