Tuesday, December 20, 2005

Gregoire's budget proposal - Point Two

Today, Gov. Gregoire unveiled her supplemental budget proposal, which (to her credit) does not spend the entire $1.4 billion touted by her Democratic colleagues as a "surplus". NOTE: The $1.4 billion is not a surplus, though. It's tax moneys gathered to fund existing projects and programs. The majority of that money was collected through taxes enacted before the 2005 legislature "killed" the state spending cap, reinstated the constitutionally-illegal estate tax and enacted the heftiest tabacco and gas tax increases in state history.

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