A projected WA State budget deficit of $3 billion. Plus: retirement funds, state budget and the politics of health care.

September 18, 2008 | Economic Opportunity Institute

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.

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Posted in Health Care, Retirement Security, State Economy, Tax and Budget, Work & Family

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