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” (Might 21, A1):
The Might 21 Seattle Instances entrance web page highlighted a stark distinction in fiscal duty between state and federal budgeting. Gov. Bob Ferguson experiences that Washington’s price range is balanced with out utilizing the wet day fund. In distinction, the federal price range, as reported, may add roughly $3.3 trillion to the debt over the subsequent 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 Method