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Washington Gov. Bob Ferguson said state agencies should prepare for difficult budget decisions as his administration begins crafting the next state spending plan. He warned that the state's fiscal situation is "dire" while pledging not to propose new taxes to offset any budget shortfall. The Governor made his first...

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Former Gov. Gary Locke said Washington voters should focus on how a proposed millionaire's tax would be spent rather than simply whether it passes. Locke said the state is already facing a budget shortfall and says the new tax alone would not generate enough revenue to cover both existing obligations and proposed new programs. He questioned whether lawmakers would ultimately need to raise additional taxes or reduce spending if projected revenues fall short. Locke said the long-term funding plan should be clear before the state commits to new spending promises. Full story here: #komo #komo4 #komonews #seattle
1:10

Former Gov. Gary Locke said Washington voters should focus on how a proposed millionaire's tax would be spent rather than simply whether it passes. Locke said the state is already facing a budget shortfall and says the new tax alone would not generate enough revenue to cover both existing obligations and proposed new programs. He questioned whether lawmakers would ultimately need to raise additional taxes or reduce spending if projected revenues fall short. Locke said the long-term funding plan should be clear before the state commits to new spending promises. Full story here: #komo #komo4 #komonews #seattle

KOMO News

42,143 görüntüleme • 1 ay önce

Governor Governor Bob Ferguson calls WA's fiscal situation "dire". A situation entirely created by his party due to massive overspending. The huge fiscal shortfall has become so bad that former Democratic Governor Christine Gregoire has criticized the out-of-control spending. Instead of reigning in their spending, the Democratic party has chosen to impose new taxes on the people of Washington that violate the state's Constitution. Washington state desperately needs change.
1:02

Governor Governor Bob Ferguson calls WA's fiscal situation "dire". A situation entirely created by his party due to massive overspending. The huge fiscal shortfall has become so bad that former Democratic Governor Christine Gregoire has criticized the out-of-control spending. Instead of reigning in their spending, the Democratic party has chosen to impose new taxes on the people of Washington that violate the state's Constitution. Washington state desperately needs change.

Vijay

30,601 görüntüleme • 2 ay önce

Seattle business leaders are reacting to Washington's new "Millionaires Tax" bill that passed the state house Tuesday. The Washington State Budget and Policy Center estimates it would hit as many as 30,000 Washington households to bring in about $4 billion per year for the General Fund. Under the plan, people making more than $1 million per year would pay a 9.9% tax on income above that threshold starting in 2029. #komo #komo4 #komonews #seattle #washington #millionaire #tax #incometax
1:35

Seattle business leaders are reacting to Washington's new "Millionaires Tax" bill that passed the state house Tuesday. The Washington State Budget and Policy Center estimates it would hit as many as 30,000 Washington households to bring in about $4 billion per year for the General Fund. Under the plan, people making more than $1 million per year would pay a 9.9% tax on income above that threshold starting in 2029. #komo #komo4 #komonews #seattle #washington #millionaire #tax #incometax

KOMO News

20,592 görüntüleme • 5 ay önce

New York City Mayor Zohran Mamdani unveiled his preliminary financial plan Tuesday on the heels of the announcement that the state will give the city $1.5 billion to help fix a massive budget shortfall. His tax-centric new fiscal plan seeks to close a multibillion budget gap with two choices: higher taxes on the rich or on property owners. CBS News' Jared Ochacher has more.
1:09

New York City Mayor Zohran Mamdani unveiled his preliminary financial plan Tuesday on the heels of the announcement that the state will give the city $1.5 billion to help fix a massive budget shortfall. His tax-centric new fiscal plan seeks to close a multibillion budget gap with two choices: higher taxes on the rich or on property owners. CBS News' Jared Ochacher has more.

CBS News

60,721 görüntüleme • 6 ay önce

West Seattle residents will have to wait nearly another decade for light rail service after Sound Transit pushed back the expected opening of the West Seattle Link Extension to 2035. The delay is the latest in a series of timeline changes tied to a major budget gap at the agency. During the 2016 ballot campaign, Sound Transit promised a 2030 opening. A few months ago, the agency delayed the West Seattle expansion to 2032. Now, the projected opening is 2035. "It’s honestly disturbing because it’s like when we vote for something, our taxes go up, and we want to know, ‘Well, what’s the delay?’" West Seattle resident Chris Kelly told KOMO News at the Alaska Junction on Friday. Link: #komo #komonews #komo4 #komo4news #seattle #seattlenews #washingtonnews #WestSeattle #SoundTransit #LightRail #Extension #2035
1:28

West Seattle residents will have to wait nearly another decade for light rail service after Sound Transit pushed back the expected opening of the West Seattle Link Extension to 2035. The delay is the latest in a series of timeline changes tied to a major budget gap at the agency. During the 2016 ballot campaign, Sound Transit promised a 2030 opening. A few months ago, the agency delayed the West Seattle expansion to 2032. Now, the projected opening is 2035. "It’s honestly disturbing because it’s like when we vote for something, our taxes go up, and we want to know, ‘Well, what’s the delay?’" West Seattle resident Chris Kelly told KOMO News at the Alaska Junction on Friday. Link: #komo #komonews #komo4 #komo4news #seattle #seattlenews #washingtonnews #WestSeattle #SoundTransit #LightRail #Extension #2035

KOMO News

10,140 görüntüleme • 9 gün önce

After Gov. Ferguson promised to not raise taxes this year, Olympia Democrats voted to shut the public out of the budget process, and then passed the LARGEST TAX INCREASE & spending spree in state history. Now, going into next year, Gov. Ferguson said he doesn't want to raise taxes again. Be mindful of these budget gimmicks. #tbt Ten Days After Olympia Democrats voted to shut the public out of the budget process: Sen. Keith Wagoner slams Legislative Democrats' budget process, calling it irresponsible. He highlights concerns over closed-door negotiations, severe lack of public transparency, and no opportunities for open debate or amendments. Government should be open and transparent for everyone. #UnaccountableWA #GovernmentGreed #AntiTransparency #waleg
0:58

After Gov. Ferguson promised to not raise taxes this year, Olympia Democrats voted to shut the public out of the budget process, and then passed the LARGEST TAX INCREASE & spending spree in state history. Now, going into next year, Gov. Ferguson said he doesn't want to raise taxes again. Be mindful of these budget gimmicks. #tbt Ten Days After Olympia Democrats voted to shut the public out of the budget process: Sen. Keith Wagoner slams Legislative Democrats' budget process, calling it irresponsible. He highlights concerns over closed-door negotiations, severe lack of public transparency, and no opportunities for open debate or amendments. Government should be open and transparent for everyone. #UnaccountableWA #GovernmentGreed #AntiTransparency #waleg

WA Senate Republicans

43,289 görüntüleme • 8 ay önce

After Gov. Bob Ferguson promised to not raise taxes last year, Olympia Democrats voted to shut the public out of the budget process, and then passed the LARGEST TAX INCREASE & spending spree in state history. In late 2025, Gov. Ferguson said he didn't want to raise taxes again, but then came out in support of an income tax not long after. Be mindful of these budget gimmicks. #tbt March 29, 2025 -Right after Olympia Democrats voted to shut the public out of the budget process: Sen. Keith Wagoner slams Legislative Democrats' budget process, calling it irresponsible. He highlights concerns over closed-door negotiations, severe lack of public transparency, and no opportunities for open debate or amendments. Government should be open and transparent for everyone. #UnaccountableWA #GovernmentGreed #AntiTransparency #waleg
0:58

After Gov. Bob Ferguson promised to not raise taxes last year, Olympia Democrats voted to shut the public out of the budget process, and then passed the LARGEST TAX INCREASE & spending spree in state history. In late 2025, Gov. Ferguson said he didn't want to raise taxes again, but then came out in support of an income tax not long after. Be mindful of these budget gimmicks. #tbt March 29, 2025 -Right after Olympia Democrats voted to shut the public out of the budget process: Sen. Keith Wagoner slams Legislative Democrats' budget process, calling it irresponsible. He highlights concerns over closed-door negotiations, severe lack of public transparency, and no opportunities for open debate or amendments. Government should be open and transparent for everyone. #UnaccountableWA #GovernmentGreed #AntiTransparency #waleg

WA Senate Republicans

29,422 görüntüleme • 7 ay önce

Microsoft Vice Chair and President Brad Smith said Washington should recognize it is now operating as a high-tax state and consider how that affects economic competitiveness. Speaking at Thursday’s Puget Sound Regional Council General Assembly meeting, Smith compared Washington’s tax structure to other high-tax states, including California, New York, and New Jersey. He said policymakers should focus on predictability and the combined impact of taxes on individuals and businesses when evaluating future policy decisions. Smith also called for a broader public discussion about how Washington can remain competitive while maintaining its current tax structure. #komo #komonews #komo4 #komo4news #seattle #seattlenews #washingtonnews
2:48

Microsoft Vice Chair and President Brad Smith said Washington should recognize it is now operating as a high-tax state and consider how that affects economic competitiveness. Speaking at Thursday’s Puget Sound Regional Council General Assembly meeting, Smith compared Washington’s tax structure to other high-tax states, including California, New York, and New Jersey. He said policymakers should focus on predictability and the combined impact of taxes on individuals and businesses when evaluating future policy decisions. Smith also called for a broader public discussion about how Washington can remain competitive while maintaining its current tax structure. #komo #komonews #komo4 #komo4news #seattle #seattlenews #washingtonnews

KOMO News

59,314 görüntüleme • 2 ay önce

New York City Mayor Zohran Mamdani unveiled his preliminary financial plan Tuesday on the heels of the announcement that the state will give the city $1.5 billion to help fix a massive budget shortfall. His new fiscal plan seeks to close a multibillion budget gap with two choices: tax the rich or increase property taxes. The plan has been praised by his base, but opponents warn of some of the consequences to his proposal - including the risk of wealthy New Yorkers and companies fleeing New York City. @Jared_CBS spoke with experts about Mamdani's budget proposal, including a co-chair with the Democratic Socialists of America who says if his plan doesn't work, it falls on Gov. Hochul. While a senior fellow at the Manhattan Institute says this "seems to be his first political misstep."
3:53

New York City Mayor Zohran Mamdani unveiled his preliminary financial plan Tuesday on the heels of the announcement that the state will give the city $1.5 billion to help fix a massive budget shortfall. His new fiscal plan seeks to close a multibillion budget gap with two choices: tax the rich or increase property taxes. The plan has been praised by his base, but opponents warn of some of the consequences to his proposal - including the risk of wealthy New Yorkers and companies fleeing New York City. @Jared_CBS spoke with experts about Mamdani's budget proposal, including a co-chair with the Democratic Socialists of America who says if his plan doesn't work, it falls on Gov. Hochul. While a senior fellow at the Manhattan Institute says this "seems to be his first political misstep."

CBS News

29,166 görüntüleme • 6 ay önce

Washington state Democrats in the House and Senate have introduced a pair of bills to tax the state's highest earners. Senate Bill 6346 and House Bill 2724 would create an income tax for Washingtonians who make more than a million dollars each year at a rate of 9.9%. Washington Gov. Bob Ferguson said he agrees with a lot of the bill, but that there's still work to do. Full story here: #komo #komo4 #komonews #komo4news #seattle #washington #democrats #republicans #millionaire #millionairetax #wealthtax #olympia #ferguson
1:29

Washington state Democrats in the House and Senate have introduced a pair of bills to tax the state's highest earners. Senate Bill 6346 and House Bill 2724 would create an income tax for Washingtonians who make more than a million dollars each year at a rate of 9.9%. Washington Gov. Bob Ferguson said he agrees with a lot of the bill, but that there's still work to do. Full story here: #komo #komo4 #komonews #komo4news #seattle #washington #democrats #republicans #millionaire #millionairetax #wealthtax #olympia #ferguson

KOMO News

25,224 görüntüleme • 6 ay önce

A final vote has now changed what drivers will pay every time they use two specific toll roads. For some motorists, the price will soon be cut in half. For everyone else, the bill will stay the same. In a 6-0 vote, members of the Washington State Transportation Commission created the state's first low-income toll discount program for the SR 509 and SR 167 Expressways. Qualifying drivers will receive a 50% discount off the standard Good To Go! toll rate for two-axle vehicles. State transportation officials will begin enrolling eligible drivers this fall, with the reduced rates taking effect as early as December. Link: #komo #komonews #komo4 #komo4news #seattle #seattlenews #washingtonnews #TollDiscount #LowIncome #StateRoute509 #GoodToGo
1:28

A final vote has now changed what drivers will pay every time they use two specific toll roads. For some motorists, the price will soon be cut in half. For everyone else, the bill will stay the same. In a 6-0 vote, members of the Washington State Transportation Commission created the state's first low-income toll discount program for the SR 509 and SR 167 Expressways. Qualifying drivers will receive a 50% discount off the standard Good To Go! toll rate for two-axle vehicles. State transportation officials will begin enrolling eligible drivers this fall, with the reduced rates taking effect as early as December. Link: #komo #komonews #komo4 #komo4news #seattle #seattlenews #washingtonnews #TollDiscount #LowIncome #StateRoute509 #GoodToGo

KOMO News

21,849 görüntüleme • 1 ay önce

Gavin Newsom presented his final state spending plan as California's governor today. I asked if he has any budget-related regrets, anything he'd do differently in last 8 years? "To me, it's not about the rearview, it's about the windshield," he said in lengthy response:
2:57

Gavin Newsom presented his final state spending plan as California's governor today. I asked if he has any budget-related regrets, anything he'd do differently in last 8 years? "To me, it's not about the rearview, it's about the windshield," he said in lengthy response:

Ashley Zavala

32,818 görüntüleme • 3 ay önce

Washington Gov. Bob Ferguson said Tuesday he recently held a “lengthy” conversation with Starbucks leadership ahead of the company’s announcement that it plans to build a new headquarters in Nashville. “Starbucks is an important part of the fabric of our community here in Washington state, to put it mildly,” Ferguson said, adding he would work to support the company “in every way possible.” Ferguson also acknowledged the company’s decision to expand outside its home state, framing it as part of a broader national trend. Link: #washingtonnews #BobFerguson #Starbucks #HQ #Nashville #WashingtonState
1:28

Washington Gov. Bob Ferguson said Tuesday he recently held a “lengthy” conversation with Starbucks leadership ahead of the company’s announcement that it plans to build a new headquarters in Nashville. “Starbucks is an important part of the fabric of our community here in Washington state, to put it mildly,” Ferguson said, adding he would work to support the company “in every way possible.” Ferguson also acknowledged the company’s decision to expand outside its home state, framing it as part of a broader national trend. Link: #washingtonnews #BobFerguson #Starbucks #HQ #Nashville #WashingtonState

KOMO News

17,101 görüntüleme • 3 ay önce

🚨 Californians CANNOT afford the Governor’s budget BS. While Governor Newsom is in Davos lecturing the world, California is in an economic mess. We have record state revenue driven by positive economic growth—yet for the first time in state history, California is facing its fourth consecutive budget deficit. That tells you everything. This is not a revenue problem. This is a spending problem. If we’re running deficits in good economic years, imagine how bad it will be in a downturn. Newsom’s budget proves why he shouldn’t be teaching anyone what to do unless it’s what NOT to do. As the new Budget Vice Chair, I’ll be the bad guy who demands fiscal restraint, accountability, and putting Californians first.
1:57

🚨 Californians CANNOT afford the Governor’s budget BS. While Governor Newsom is in Davos lecturing the world, California is in an economic mess. We have record state revenue driven by positive economic growth—yet for the first time in state history, California is facing its fourth consecutive budget deficit. That tells you everything. This is not a revenue problem. This is a spending problem. If we’re running deficits in good economic years, imagine how bad it will be in a downturn. Newsom’s budget proves why he shouldn’t be teaching anyone what to do unless it’s what NOT to do. As the new Budget Vice Chair, I’ll be the bad guy who demands fiscal restraint, accountability, and putting Californians first.

David Tangipa

51,215 görüntüleme • 7 ay önce

🚨 WOW! Gov. Ron DeSantis just said after his upcoming vetoes, Florida will have REDUCED state spending for 4 years in a row... ...and nearly HALF of ALL state debt has been paid off since 2019 🔥 "Our budget, even though we have MILLIONS of more people than New York State, New York's budget is more than TWICE the size of Florida's budget, and people can ask, where's all that money going?" "And in fact, I'm going to be dealing with our current, our next fiscal year budget. And once I do my vetoes, I will be able to say that we have actually at the state level in Florida reduced spending four years in a row." "Now that's foreign to some of those blue states, but they're quite frankly, aren't very many jurisdictions that are doing it. So we're proud of that. We obviously have a very light tax at the state level, but the one thing that's been tough for people is the property tax." And now property taxes will be largely removed. LFG ☀️
0:41

🚨 WOW! Gov. Ron DeSantis just said after his upcoming vetoes, Florida will have REDUCED state spending for 4 years in a row... ...and nearly HALF of ALL state debt has been paid off since 2019 🔥 "Our budget, even though we have MILLIONS of more people than New York State, New York's budget is more than TWICE the size of Florida's budget, and people can ask, where's all that money going?" "And in fact, I'm going to be dealing with our current, our next fiscal year budget. And once I do my vetoes, I will be able to say that we have actually at the state level in Florida reduced spending four years in a row." "Now that's foreign to some of those blue states, but they're quite frankly, aren't very many jurisdictions that are doing it. So we're proud of that. We obviously have a very light tax at the state level, but the one thing that's been tough for people is the property tax." And now property taxes will be largely removed. LFG ☀️

Eric Daugherty

211,491 görüntüleme • 2 ay önce

The fact is, since Mike Bloomberg left office in 2013, New York City’s budget has increased by $40 billion, a 50% increase, on top of New York State increasing its spending by over $100 billion. New York City now spends more than the entire state of Florida, despite Florida having about 23 million residents and NYC just over 8 million. And Zohran Mamdani is set to worsen the city’s fiscal situation by demanding that Kathy Hochul and the state legislature raise taxes by $9 billion, or else he will increase city property taxes by 9.5%, the highest in the country.
2:28

The fact is, since Mike Bloomberg left office in 2013, New York City’s budget has increased by $40 billion, a 50% increase, on top of New York State increasing its spending by over $100 billion. New York City now spends more than the entire state of Florida, despite Florida having about 23 million residents and NYC just over 8 million. And Zohran Mamdani is set to worsen the city’s fiscal situation by demanding that Kathy Hochul and the state legislature raise taxes by $9 billion, or else he will increase city property taxes by 9.5%, the highest in the country.

Mike Lawler

196,076 görüntüleme • 6 ay önce

SOCIALIST ULTIMATUM: NYC Mayor Mamdani is threatening to hike property taxes by 9.5% if the state refuses to approve his plan to tax the "ultra-wealthy." The mayor's $127 billion budget proposal relies on a "last resort" path that highlights his growing tension with Gov. Hochul, Fox News' Nate Foy reports. While the mayor is asking Albany to help bridge the city’s $5.4 billion deficit, the governor remains not supportive of the tax-the-rich alternative. His proposal is also facing headwinds with the city council.
0:59

SOCIALIST ULTIMATUM: NYC Mayor Mamdani is threatening to hike property taxes by 9.5% if the state refuses to approve his plan to tax the "ultra-wealthy." The mayor's $127 billion budget proposal relies on a "last resort" path that highlights his growing tension with Gov. Hochul, Fox News' Nate Foy reports. While the mayor is asking Albany to help bridge the city’s $5.4 billion deficit, the governor remains not supportive of the tax-the-rich alternative. His proposal is also facing headwinds with the city council.

Fox News

100,436 görüntüleme • 6 ay önce

The penalties for failing to update car registration in Washington could soon cost drivers more money. A new proposal goes after violators with expired tabs, and parked cars could get ticketed even while in a parking garage. Sen. Curtis King, the bill's prime sponsor, referenced Department of Licensing data that an estimated 600,000 people have expired tabs out of the 8-million registered drivers in the state. He told KOMO News he brought forth this bill because of the missed revenue, and because the state patrol advised the agency cannot ticket someone with expired tabs unless they are driving. Full story here: #komo #komo4 #komonews #komo4news #seattle #washington #tags #cartags carsandtrucks #licensing
1:37

The penalties for failing to update car registration in Washington could soon cost drivers more money. A new proposal goes after violators with expired tabs, and parked cars could get ticketed even while in a parking garage. Sen. Curtis King, the bill's prime sponsor, referenced Department of Licensing data that an estimated 600,000 people have expired tabs out of the 8-million registered drivers in the state. He told KOMO News he brought forth this bill because of the missed revenue, and because the state patrol advised the agency cannot ticket someone with expired tabs unless they are driving. Full story here: #komo #komo4 #komonews #komo4news #seattle #washington #tags #cartags carsandtrucks #licensing

KOMO News

24,662 görüntüleme • 6 ay önce