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flag Washington state grapples with an $845M budget shortfall, exploring both cuts and new taxes.

flag Washington state faces a budget shortfall of nearly $845 million over the next four years, with Governor Bob Ferguson estimating a total deficit of $15 billion. flag Lawmakers are navigating this challenge by considering both spending cuts and new revenue sources, including progressive taxes to ease the burden on lower-income individuals. flag The updated economic forecast shows reduced revenue from personal income, employment, and building permits, complicating efforts to balance the budget.

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