UPDATE: How to fill Washington’s budget gap? Read more…
The sagging WA State economy: Officials say consumer spending, slack construction employment and a slow recovery in the housing sector are to blame for the stagnating Washington State economy.
State investments take a $130M hit: The Washington State Investment Board that manages $78 billion in public employee retirement funds took a $130 million loss when Lehman Brothers filed for bankruptcy.
‘Rainy-day’ fund: Lawmakers might tap Washington’s new “rainy-day fund” for the first time next year to help balance the state budget.
National health care debate: If you want to understand the debate over economic policy our nation should be having, look no further than Barack Obama’s and John McCain’s health plans.