Re: “Ferguson signs $9 billion in new taxes to fund state budget” and “Trump pressures divided House Republicans to fall in line behind his big tax cuts bill” (Could 21, A1):
The Could 21 Seattle Instances entrance web page highlighted a stark distinction in fiscal accountability between state and federal budgeting. Gov. Bob Ferguson stories that Washington’s finances is balanced with out utilizing the wet day fund. In distinction, the federal finances, as reported, may add roughly $3.3 trillion to the debt over the following decade.
Washington state’s strategy balances income and bills as in comparison with the federal strategy, which imposes debt on future taxpayers. I sympathize with future generations who will bear this monetary burden.
Richard Pierson, Federal Means
