The Office of the Governor of the State of Washington
09/23/2025 | Press release | Distributed by Public on 09/23/2025 17:47
Governor Ferguson statement on September revenue forecast
September 23, 2025
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OLYMPIA - Governor Bob Ferguson offered the following statement regarding the latest revenue forecastfrom the Washington State Economic and Revenue Forecast Council, which projects revenue over the next four years to be down by $903 million over its previous projection:
"For some time, my budget team has been preparing for a challenging revenue forecast. Today's forecast is disappointing but not surprising.
"Unfortunately, we are also grappling with the impacts of President Trump's Big Betrayal Bill, which includes billions in cuts to Washington state for programs such as Medicaid and food for hungry kids. Approximately 28% of our budget consists of federal investments, so these cuts will have adverse impacts for many Washingtonians.
"As I write my first budget, I will be focused on delivering a balanced budget that maintains core services to the people of our state."
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