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Dear Friends and Neighbors,
Yesterday the state's chief economist, Dr. Arun Raha, released the latest state revenue forecast showing an estimated $1.4 billion drop in tax collections over the next biennium, creating an estimated shortfall of $1.27 billion in the 2011-13 general fund budget.
It is very likely a special session will be called in the near future as The Olympian reports here. We need to address this budget shortfall sooner rather than later. The longer we wait the worse the situation becomes. We need to reform government and reduce state spending to get our state government on a path of long-term sustainability.
As we move forward and work to address our revenue shortfall, please do not hesitate to contact me with your feedback.
I hope you have had a chance to enjoy the Puyallup Fair. It has been good to visit with friends and neighbors at the fairgrounds this past week.
Finally, if you are interested in learning more about how our Legislature works, you can read my review of a great book by a former state legislator.
Sincerely,
Hans Zeiger
