With More State Financial Stress on Horizon, Ferguson Signs WA Budget

By Jerry Cornfield, Washington State Standard
April 1, 2026

Two days ago, a beaming Gov. Bob Ferguson celebrated with dozens of allies the enactment of Washington’s new tax on the income of wealthy residents.

On Wednesday, a more somber Ferguson signed a budget that depends on rainy day reserves, one-time maneuvers and deep cuts in child care funding to balance.

The roughly $79.4 billion plan makes adjustments to the $77.8 billion two-year budget lawmakers passed…

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