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03/19/2010

Senate Revenue Legislation Passes 25-18

Again mustering the bare minimum, the Senate passed it's revised revenue package, lowering the sales tax increase from 0.3 percentage points to 0.2 and extending the B&O increase to more businesses. Jordan Schrader of The News Tribune has a brief blog post up. Niki Reading has some quotes from floor speeches on TVW's Capitol Record blog.

No real surprises in this, as most of the legislation had been foreshadowed this morning. The increases will hamper job creation and increase the drag on families, as we've said all along. The House will take the bill up tomorrow. If the negotiators did their jobs, it should pass.

And then, they go home and the postmortems begin.

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