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GOP leaders warn income tax and budget proposal will worsen affordability, risk business flight
Summary
Republican legislative leaders told reporters the proposed income tax and operating budget are unsustainable, saying the plan spends about $5 billion more than projected, relies on one-time funds, and could prompt businesses and wealthy residents to leave the state.
Republican leaders in Olympia used a Friday morning media availability to renew opposition to a proposed income tax and to criticize the operating budgets passed by the majority, saying the measures will harm affordability and imperil the state's fiscal outlook.
Senator Braun said the budget "spends roughly $5,000,000,000 more than revenues" and relies on one-time funding and optimistic assumptions about agency underspending. "This budget does nothing to address the spending issue," he said, adding it leaves Washington at risk of "anywhere from 8 to $10,000,000,000 short in the next biennium." He also said the Democratic majority has resisted placing a constitutional barrier on future…
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