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Wednesday, February 13, 2008

Cutoffs Continued

posted by on February 13 at 15:55 PM

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One bill I forgot to mention in my earlier post that made it out of committee yesterday (just in the nick of time before cutoff) is liberal Sen. Craig Pridemore’s (D-49, Vancouver) bill to give working-class families a tax credit.

However, there could be some bad news for the bill: State revenue projections are due on Friday. And the word is revenues are going to be down by between $200 million and $500 million in our $30 billion biennial budget.

This news could put the kibosh on Pridemore’s bill, which would pay out about $60 million.

Of course, snuffing stimulus spending bills—like giving money to working families— would be a knee-jerk conservative move. The better way to respond to these types of cyclical downturns—as the Washington Budget and Policy Center points out— is to stimulate the economy with state spending.

Click on the link above to see what specific spending they recommend.

RSS icon Comments

1

The most effective ways are spending on unemployment and welfare benefits, actually, with other state expenditures being lower ranked.

Posted by Will in Seattle | February 13, 2008 3:57 PM
2

those aren't cutoffs! they were made to be shorts.

I, on the other hand, rock the cut off's like whoa.

Posted by konstantConsumer | February 13, 2008 4:12 PM
3

Oh my jesus... why bother scrolling down?

Posted by w7ngman | February 13, 2008 4:35 PM
4

Go Daisy Duke!

Posted by J.R. | February 13, 2008 5:11 PM
5

Jorts! JORTS! !!!

Posted by Soupytwist | February 13, 2008 5:40 PM
6

You're only posting this now because Irena and Erica have gone home, aren't you?

Posted by Greg | February 13, 2008 5:50 PM
7

its true. stimulus checks are stupid and dont help.

Posted by Bellevue Ave | February 13, 2008 10:26 PM

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